Archive for the '1st Time Homebuyers' Category
Home Buyer Tax Credit: How It Works
I previously wrote about the First Time Homebuyer Tax Credit, but this subject is worth repeating.
First-time homebuyers in 2008 can take an income-tax credit on their purchase, thanks to passage in Congress earlier this year of the first-time home buyer tax credit.
The definition of first-time homebuyer is generous. To get the credit, the homebuyer cannot […]
Long Beach, CA: Second Mortgage Assistance Program
The Long Beach Housing development Company (LBHDC) offers a program to promote neighborhood stabilization through increased home ownership opportunities, specifically for the benefit of persons and families of low- and moderate-income. This program is the Second Mortgage Assistance Program. The second mortgage assistance is in the form of a secured subordinate mortgage with contingent, deferred […]
