A: Yes, thanks to the many city and county governments that offer Mortgage Credit Certificate (MCC) programs, which allow first-time homebuyers to take advantage of a special federal income tax write-off. The credit reduces the amount of federal taxes paid by the buyer each year, if he keeps the same loan and lives in the… Read More
First Time Home Buyers
3 things to know before you read articles about buying a home
I recently read an article on News360 called “Three things to know before you get your first mortgage”. Now, don’t get me wrong, this is not a slam of News360, it’s my favorite news app and I’ve found some incredibly useful information there. It’s more a commentary on knowing what is real and what is… Read More
Some Practical Advice for First Time Home Buyers
Before you even begin, remove the words “overwhelming”, “complicated”, “exhausting”, “disappointing”, from your vocabulary. I do not believe in scare tactics and none of these things should be allowed to effect your home search. Having said that, owning a little nervousness is not only natural but probably a very healthy approach to a significant investment.There… Read More