Look up a program called NACA. My fiance and i just got approved. The program is excellent 9no down payment or closing cost). Buy now, with interest rates so low, their interest rate is 4.675 last i checked. Good luck!

Marie
Lets say that you do buy right now, the tax break is only one of the
things you will not take advantage to buying now. .the specifics
depend on you and your situation.
Here are the basics:
1} great prices
2} low inters rates
3} appreciation
4} There are several loan programs
5} lower closing costs, waived application fees
Just to name a few.

If you have additional questions, please direct them
to me or need an agent feel free to call.
My Direct # 347-813-1290.
Here is my website http://fajardodelacruz.realtors.officelive.com
or my e-mail delacruz.fajardo3@gmail.com
Hope to hear from you soon.
If you have additional questions, please direct them
to me or need an agent feel free to call.
My Direct # 347-813-1290.

if you are buying a house in queens with 30k in the bank you probably are looking to go FHA with a seller's concession. if you can find a house in queens that you like and can afford/get approval I would jump on it.....there's no reason not to look. If anything you can save your money while u search. Just note the tax credit will expire in early December...meaning the closing must take place by then. so, you will prob not make it to the table. whether the gov't will extend the credit or tweak it is not determined but they are definitely looking to do something. A little research will give you an idea of what they are proposing. and, finally who knows what rates will be in the next few months.....all I know is they have gone up in the past few months.

Hello, I am a real estate agent in Wantagh and pair up as a mother daughter team with my mother, who has been in the business for a number of years. We service the entire Long Island region, from Queens to Montauk. If you would like help in your house hunt and/or further advice feel free to contact either of us. My name is Brittany and my number is 516-376-2580. My mother's name is Lucie and her number is 516-353-9965.

Speaking to a mortgage broker can help you determine what you would qualify for and if that will work for you at this time. This way you will have a good idea about what things will cost and how much you can spend on your new home. Good Luck with everything..

Anna is right you should speak to a qualified loan officer to see if and how much you and your partner are qualified for. I can assist you in finding a qualified loan officer. Buying a house is a big and beautiful decision. I advise you and your partner to take some time and make a list of what you would like in a house, what you can and can not live without. You may find it very helpful if you go to mlsli.com and read some of the articles that provides information for first time home buyers.
You can contact me for needed assistance.

You really need to speak to any qualified loan officer, see what your budget can handle then decide whether to buy now or later--by the way you will need a pre-approval letter as well, should you decide now is the time. If you need asssitance feel free to call or e-mail.

Anna