Comments for No Money Down Mortgages | Home Loans

Comment on First Time Home Buyer Tax Credit 2011 by admin

admin — Thu, 24 Nov 2011 22:24:03 +0000

The $8000 is no longer avaliable… It is not expected to be renewed at 2012 also..

Comment on What FHA Appraiser Property Inspection Includes by admin

admin — Thu, 24 Nov 2011 22:22:24 +0000

Broken windows can be repaired, a house with missing windows.. is not a ‘livable’ home to move into.
No appliances? Depend which, a stove? Central heating? a home without a minimal kitchen is not considered livable.
The FHA is not requesting a HDTV..

Comment on What FHA Appraiser Property Inspection Includes by admin

admin — Thu, 24 Nov 2011 22:18:37 +0000

The house has to be suitable for proper and safe home use. If it is not.. It will not be approved.

Comment on What FHA Appraiser Property Inspection Includes by mar

mar — Wed, 07 Sep 2011 18:03:47 +0000

ALSO, what about if there are no appliances or some broken windows?
As homebuyers we would plan to replace those things right away, but would the FHA not give us the chance?

Comment on What FHA Appraiser Property Inspection Includes by mar

mar — Wed, 07 Sep 2011 18:02:33 +0000

What if the roof does not meet requirement for a single family home? Must the new homebuyers repair on the spot? I would hope there is at least that chance.
What ways do they determine a new roof is needed?
The house in question has an old roof but maybe just one or two missing shingles and no leaks. Upon home inspection they said it is due for a new roof, but that it could last a bit longer before leaks. Not sure if that is enough.

Comment on First Time Home Buyer Tax Credit 2011 by Eric

Eric — Thu, 23 Jun 2011 23:39:43 +0000

I must be missing something, I thought you were supposed to explain 2011 First Time Home Buyer Tax Credit again ……2011. All I am reading about is 2010, and how it works in 2010 before a certain date last year. Is that your way of saying there is no tax credit for 2011? Help me out someone……I am about to close on a house next month, and don’t want to miss anything I could have gotten. I am getting a VA loan (I am a Veteran) for $125,000 in Kentucky. Is there anything I am entitled that I am not aware of? Because what I’m getting is that the $8,000 is no longer available.

Comment on Buying Homes With No Money Down 2011 by Priscilla

Priscilla — Thu, 16 Jun 2011 03:48:39 +0000

HUD $100 Down Payment Program : Is no longer an option (06/15/2011)

Comment on First Time Home Buyer Tax Credit 2011 by cyn

cyn — Wed, 23 Feb 2011 18:18:34 +0000

Buying a home is the biggest investment any of us will make in a lifetime. being educated in the current market your purchasing in will help keep the stress down and the excitement high. Learn all you can then speak to your local mortgage professional to guide you the rest of the way. Good Luck and happy trails to being a homeowner.