as a 1st time home buyer am I eligable for the $8k fed monies if I use a relative as a 'cosigner?'

Dave
Dave
Home Buyer
Alcoa, TN

Mon Aug 24 2009, 01:55 - Home Buying in Alcoa - 2 answers
Helpful
 (0)  
Email Alerts
Send to a friend
Save
Report  
Answers (2)
Kevin Pellatiro
Kevin Pellatiro
Agent
Franklin, TN

Dave, Yes. You can use a co-signer and still have an opportunity to take advantage of the $8,000. There are even programs that may allow the stimulus money to be used as a down payment or closing costs for you. Have you had a chance to speak with a local lender yet about your specific choices?

kevin pellatiro (615)714-7918 kpellatiro@realtracs.com http://signswemustobserve.blogspot.com/

Tue Aug 25 2009, 08:32
Helpful
 (0)
Link to this answer
  Report
Terrence Askew
Terrence Askew
Mortgage Broker
or Lender
Nashville, TN
FIRST ANSWER

Dave,

You should be eligible for the tax credit. I know of one program that you could use a co-signer. How soon are you looking to buy a home? This option will not be available for long.

Web Reference: http://www.yourmoneysource.net
Mon Aug 24 2009, 06:25
Helpful
 (0)
Link to this answer
  Report

Didn’t find what you were looking for? Ask a question!

Search Advice
e.g., "foreclosure", "short sale", "mortgage"
e.g., "San Francisco, CA", "New York, NY"
SEARCH

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 23
Map these properties
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback