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Obama First time home buyer

Valued Contributor

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.

 


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


Walmart: 10k |Usaa: 8k|BCE: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k

Message 1 of 8
7 REPLIES
Regular Contributor

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!
Bankrupcy 7 Filed 2/20/2012
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Message 2 of 8
Valued Contributor

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: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k

Message 3 of 8
Frequent Contributor

Re: Obama First time home buyer

Nothing federal that I'm aware of. Just state programs.
Message 4 of 8
Established Contributor

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.

Message 5 of 8
Regular Contributor

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.


Starting Score: EX 575/TU 534/EQ 570
Current Scores per Myfico: (As of 12-14-13) EX 690/EQ 685/TU 679
Goal Score: 720


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Message 6 of 8
Valued Contributor

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: 13k| Amex: NSPL|Dis: 9.4k|Cap: 5.5k|CAP: 2k|CSP: 13.4k| Pen:4.5k

Message 7 of 8
Established Contributor

Re: Obama First time home buyer

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

Message 8 of 8