Click on the following link to learn more about the new First Time Home Buyer Tax Credit:
http://www.federalhousingtaxcredit.com/2009/faq.php#9
Please note that in order for the tax credit to be accessed by prospective Alabama home owners when they PURCHASE a home (not afterwards), the Alabama Housing Finance Authority would need to have the blessing of the state legislature. It is unknown at this time whether or not this will happen.
Sunday, February 22, 2009
Welcome!
Welcome to the My 1st Mortgage blog! This blog will be a resource for anyone thinking about purchasing their first home.
We will discuss various aspects of the loan process relative to purchasing your first home, the availability of special programs just for first time homebuyers, first time home buyer tax credits, credit scoring and credit repair, and budgeting. However, the main objective of our blog is to ensure that consumers are able to obtain a mortgage that is both AFFORDABLE and SUSTAINABLE.
Feel free to ask questions, post comments, or email me if you have any specific requests. I may be reached via email at bsute@newsouthfederal.com.
We will discuss various aspects of the loan process relative to purchasing your first home, the availability of special programs just for first time homebuyers, first time home buyer tax credits, credit scoring and credit repair, and budgeting. However, the main objective of our blog is to ensure that consumers are able to obtain a mortgage that is both AFFORDABLE and SUSTAINABLE.
Feel free to ask questions, post comments, or email me if you have any specific requests. I may be reached via email at bsute@newsouthfederal.com.
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