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Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012

Obama First time home buyer

Do they current have $8000 or $20k tax credit for first time home buyer ???

Im currently want to purchase a new house for my family but dont know where to start ???

Low income first time home buyer.

Can come up with 50% down payment or less but would love to take some advance as FIRST TIME HOME BUYER or Obama Tax credit if such things.

Any website or any tips where i should start ???

Thank you.

 


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Regular Contributor
deadbishop
Posts: 130
Registered: ‎05-19-2012

Re: Obama First time home buyer

You can look also look on the state level http://www.hud.gov/buying/localbuying.cfm

You can also try here http://m.usa.gov/usa/shopping/realestate/mortgages/mortgages

And this http://portal.hud.gov/hudportal/HUD?src=/program_offices/administration/grants/grantssrc
This can get you in the right direction. Hope you find what your looking for. Good luck!
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Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012

Re: Obama First time home buyer

thank for the info i will look all over it when i have time....Also do you guys know anything about TAX CREDIT money for first time buyer ?


Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 9k| Amex: NSPL|Dis: 3.4k|Cap: 3.5k|CAP: 2k|CSP: 5k| Pen:4.5k

Frequent Contributor
Kozmo
Posts: 318
Registered: ‎07-08-2012

Re: Obama First time home buyer

Nothing federal that I'm aware of. Just state programs.
Established Contributor
foofighter74
Posts: 828
Registered: ‎12-09-2012

Re: Obama First time home buyer

You can claim mortgage interest and mortgage insurance on your taxes, but the $8,000 first time home buyer tax credit expired several years ago.

Regular Contributor
playboy
Posts: 208
Registered: ‎04-15-2009

Re: Obama First time home buyer

As Foo said, the first time homebuyer credit has expired.  I think that's the Obama program you're referring to.


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Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012

Re: Obama First time home buyer

Where do I find anything about state program ??? Do you known ???

Starting Score: 560
Current Score: 748 Wishlist: CSP, Simply Cash, SPG, BOLD, INK, United MP,
Goal Score: 800


Walmart: 10k |Usaa: 8k|BCE: 9k| Amex: NSPL|Dis: 3.4k|Cap: 3.5k|CAP: 2k|CSP: 5k| Pen:4.5k

Established Contributor
foofighter74
Posts: 828
Registered: ‎12-09-2012

Re: Obama First time home buyer

Google, probably.  Just type in "first time home buyer" and your state, and go from there.


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