Horizon Foreclosures
Any incentives for first time home-buyers?
I know the federal government will be working with banks to ‘help’ owners with foreclosures on the horizon by extending deadlines, lowering payments, etc, etc.. But what about incentives for new buyers?? I’m looking to buy here in a few months hopefully and am curious of any existing and future incentives for first time home buyers; may it be FHA, tax breaks/credits, etc. Also, any word on what Obama might bring to the table? Thanks in advance!
I’m in North Carolina
I know Obama isn’t Santa Claus. Just curious about any recent news or legislation discussed. Also in the light of the Dem majority House, US Senate, etc in regards to home buying that anyone has heard.
I’m sure you can understand, as our tax dollars are buying shares of credit companies to take a hit on these foreclosures.
go to “getdownpayment.com” or what’s also know as The Nehemiah Program it is a way to get a home you can only do it for the first time you buy a home on a foundation and the gov gives you 1% down for your mortgage you just have to take a class that helps you understand how your mortgage can increase and how property is assessed tax wise…very very beneficial! My husband and I did this! I am pretty sure it is everywhere but not positive.
Housing Foreclosures on the Horizon – Chapter 3
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