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Find out how to buy a home and take out a mortgage, get tips on what to do if you can’t save the deposit you need and work out much you could borrow.
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First-Time Home Buyer’s Tax Credit. This grant was introduced by the federal government in the 2009 federal budget. It allows first-time buyers to recover some of the costs associated with their purchase, such as legal fees, land transfer taxes, and home inspections.
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First-Time Home Buyer’s Checklist . Buying your firs home can be an exciting yet quite stressful endeavor. There are so many questions to ask and so many different aspects to buying a home that it can be a bit intimidating at times.
That shouldn’t hold Colorado home buyers back, though. The CHFA created the SectionEight Homeownership loan for just that purpose. So long as you’re a first-time home buyer with a credit score of at least 620 and have used section 8 rental vouchers for at least one year, you could qualify.
FHA home loans were created to help first-time home buyers purchase a home. FHA calculators let homebuyers and homeowners understand what they can afford to safely borrow to finance a home.
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