D
Dennis
Guest
I would like to take advantage of the $8,000 tax credit for first time home buyers but I am not sure I can scrape up enough for a down payment by December 1st can I still get a mortgage?
I make about $42,000 a year and only have $500 a month going out in debt (Student Loan and Car). My credit score is about 650. I'm single and no children. I pay my utilities for the place I rent now and my rent is $450 a month (My mortgage should be a lot cheaper).
The foreclosures I'm looking at are between $30-50 thousand. Are their any programs out there for first time home buyers that would allow me only to pay the closing cost? Do you think that banks would be willing to work with me? Any advice would be greatly appreciated.
(I don't have any money saved due to taking care of an ill family member that recently passed away)
I make about $42,000 a year and only have $500 a month going out in debt (Student Loan and Car). My credit score is about 650. I'm single and no children. I pay my utilities for the place I rent now and my rent is $450 a month (My mortgage should be a lot cheaper).
The foreclosures I'm looking at are between $30-50 thousand. Are their any programs out there for first time home buyers that would allow me only to pay the closing cost? Do you think that banks would be willing to work with me? Any advice would be greatly appreciated.
(I don't have any money saved due to taking care of an ill family member that recently passed away)