Home Buying in Mogadore>Question Details

Tomato, Home Buyer in Mogadore, OH

What is the time span needed to become a "first time home buyer"?

Asked by Tomato, Mogadore, OH Mon May 7, 2012

I have owned before, am single again & would like to pursue my own place.

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3
If you are referring to the WHEDA program, it would have to be at least 3 years since you owned a home or had a mortgage. That program is only for Wisconsin residents and I will have to check if they are currently funded. The biggest stumbling block I have seen lately is someone's credit score. I would be happy to suggest a couple of lenders if you would like.
Pam Skaleski
Prism Real Estate
715-498-3400
0 votes Thank Flag Link Mon May 7, 2012
If you have not owned a home that was in your name for the last 3 years, you are considered a 1st time buyer again. There are some great programs in Ohio to help you buy a home also. I would be happy to help you find them & build you a home search that fits your needs. Thank you. David
Web Reference: http://www.liveinakron.com
0 votes Thank Flag Link Mon May 7, 2012
They are looking at the last 3 years;
it will appear on your credit report.
0 votes Thank Flag Link Mon May 7, 2012
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