Buy My Home

Can you help me with my first mortgage?

Me and my fiance are researching to buy our first home next summer and are trying to find the best route to take.

We will be making a combined income of about $63,000 for the first year and our income should jump to about $85,000 the year after that.
We are interested in houses in the [...]

How do I quell my husband’s anxieties about a home we’re buying?

My husband and I just signed a contract to purchase a 1600 square foot ranch style home on 1 acre of land in the hills north of Huntsville, AL for $105,000. The house is very well kept and only needs minor cosmetic repairs that mainly consist of new carpet and paint in the bedrooms and [...]

Do you agree this is what caused the economic crisis?

I found this on fact check
The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap.
Home buyers, who took advantage of easy credit to bid up the prices of homes excessively.
Congress, which continues to support a mortgage tax deduction that gives consumers a tax incentive to buy more expensive houses.

Real [...]

What exactly is the $8,000 tax credit that is in the stimulus bill for 1st time home buyers?

According to what I just read on Yahoo “First-time homebuyers could get a tax credit of up to $8,000 if they buy homes between Jan. 1 and Dec. 1.” What does this mean for first time home buyers? Also, how do I know if this has been approved? I was unsure by how they article [...]

I bought my first home in August (after three years of saving) which way would I get the 8000 first time home?

which way would be the fastest way to get $ 8000. first time buyer credit if
I amened my 2008 tax’s or
wait till I file my 2009 tax’s
I usually use turbo tax to file my tax’s, I get my return in 8 -15 days

Why aren’t Real Estate values going down in proportion to when they were booming?

I don’t understand. Up until the last year or so, Real Estate values were skyrocketing, now that it is a so called “buyers market,” Why aren’t prices dropping that fast? I want to purchase a home, yet the prices overall havn’t dropped that much.
I live in a mid-sized community in the Midwest. Anybody got any [...]

What do the recent changes in the real estate market mean for first-time home buyers?

I’m talking about the increase in foreclosures and the decline of home prices.
Do these changes make it a “buyer’s market”?

What’s a good online resource for first time home buyers?

I’m looking for good information, resources, or guides for first time home buyers, preferably online. If you could share a link that would be helpful. Thanks.

Is there a proposal for a new mortgage rate for first time home buyers?

I have heard that the government is thinking about passing a new, lower, first time rate for first time home buyers in 2009. Has anyone else heard anything about this or is it just a rumor.

When selling your home, what are some tips to make it more desirable to potential buyers?

We are putting our home up for sale and wonder if maybe any realtors out there, or recent home buyers have any advice on personal touches we can add to our home, such as simmering vanilla on the stove, opening all the curtains, setting the table with your best china, that sort of thing. [...]