Home Buying in Hempstead : Questions & Answers

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Oleg Volfman, Real Estate Pro in Nassau, NY
Oleg Volfman answered:
Is there any information on the possibility of tax credits for purchase of a home in 2014? In particular for a cash purchase?
Hello John.

Are you an investor or buying for your self?
0 votes Share Flag Fri May 16, 2014 Home Buying in 11550
Sarah, Other/Just Looking in Outside U.S.
Sarah answered:
is there anyway to get a 1st time home buyer tax credit if you already have the loan and did not know about MCC?
I am trying to find the answer to this exact question myself. So far I continue to find the answer "no" :(
0 votes Share Flag Sun Feb 2, 2014 Home Buying in 11550
Javier Menes…, Real Estate Pro in Farmingdale, NY
Javier Meneses answered:
Are there any firstime home buyer tax credit available for 2012/2013?
Sorry to hear that you have already closed. The MCC tax credit would have been your only option really.

If my response was helpful, consider clicking BEST ANSWER!

Javier Meneses ... more
0 votes Share Flag Sun Dec 29, 2013 Home Buying in 11550
Martina Ryan, Real Estate Pro in Queens, NY
Martina Ryan answered:
I seen a house for rent yesterday on here and today its not on here does that mean it gone
It probably is. Keep checking back. New properties are always available.
0 votes Share Flag Sun Dec 15, 2013 Home Buying in 11550
Stephen Webb…, Real Estate Pro in Seattle, WA
Stephen Webber answered:
I live in Georgia and I'm about to buy my first home in about 2 months. How do I apply for the MCC tax credit?
Hi Yolanda

A loan officer who has worked with the MCC is your key person. However I am receiving emails from all over the country explaining that many loan officers are explaining to ... more
0 votes Share Flag Wed Sep 18, 2013 Home Buying in 11550
Lori Placido…, Real Estate Pro in Nassau, NY
Lori Placido (516-242-1788) answered:
are the taxes lower in 11550 zip code? also is this a free schhol district?
the taxes are average here.about your other questionmost schools are free but give me a call to go over your concerns.

thank you
lori
0 votes Share Flag Thu Jun 27, 2013 Home Buying in 11550
Trevor Curran, Real Estate Pro in Bronx, NY
Trevor Curran answered:
ARE THERE RENT TO OWN HOMES?
Good afternoon S Montgomery,

Rent To Own is a better deal for the Seller than it would ever be for a potential Buyer.

The basic concept is finding a way to "force" savings toward ... more
1 vote Share Flag Thu Apr 25, 2013 Home Buying in 11550
De Vonte Wil…, Real Estate Pro in Setauket, NY
De Vonte Williamson answered:
how much do i need for down payment to buy a house?
Hello Jeff. You should consult a Mortgage Broker/Advisor who could assist you in this matter. With an FHA loan, you can purchase a home with 3.5% down. However, like any other loan, you ... more
0 votes Share Flag Sat Mar 23, 2013 Home Buying in Hempstead
Stephen Webb…, Real Estate Pro in Seattle, WA
Stephen Webber answered:
is first time buyers credit still available for new buyers for 2013?
YES there are no down loans availble for first time home buyers. This is why it is so critical to find loan officers who know the lending business and first time buyer programs.

Some ... more
2 votes Share Flag Wed Mar 20, 2013 Home Buying in 11550
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
Hello, my boyfriend and I are house hunting. Should we be talking to a loan officer first or just keep looking until we find something?
You need to get pre-approved for a mortgage otherwise when you find a home you want; you won't be ready to make an offer.

I hope you're working with an experienced buyer broker, (s ... more
0 votes Share Flag Sat Feb 9, 2013 Home Buying in Hempstead
Trevor Curran, Real Estate Pro in Bronx, NY
Trevor Curran answered:
Hello, can we claim an additional child tax credit or the first time home buyer credit and get a return without owing in the first place?
Good evening cherylijbartell,

I'm sorry to have to inform you that the First Time HomeBuyer credit expired quite some time ago. As to your question about claiming child tax credits, ... more
0 votes Share Flag Wed Feb 6, 2013 Home Buying in 11550
Shannon.Mari…, Home Buyer in Hempstead, NY
Shannon.Marie316 answered:
Bank approves you for a loan & you find a cheaper house, does bank give you the entire loan?
No. The appraised value minus the required downpayment is the limit as long as that's within your loan approval range.
0 votes Share Flag Sat Feb 2, 2013 Home Buying in 11550
Stephen Webb…, Real Estate Pro in Seattle, WA
Stephen Webber answered:
Are there any downpayment / closing assistance program for livingston county?
Nice answer John Burke. Exactly right on, nice to see a correct answer. Thank You
0 votes Share Flag Sun Jan 13, 2013 Home Buying in Hempstead
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I recently bought my first home in another state. How do I do my taxes for 2012 as a first time home buyer for a home in another state?
When it comes to any tax questions, it's always a good idea to consult with your tax professional and or attorney; don't simply rely on online information...
0 votes Share Flag Mon Dec 31, 2012 Home Buying in 11550
Betty Stroll, Real Estate Pro in Westport, CT
Betty Stroll answered:
Looking for a single home - price range 150K - $200K. Having 3 bedrms and two baths.. Is there a good professional Agent that could assist?
Hi Terri... I would be delighted to assist you in locating a professional Realtor like myself who can guide your through the process as stress free as possible. Please send me your cont ... more
0 votes Share Flag Thu Nov 1, 2012 Home Buying in Hempstead
JOSEPH RUNFO…, Real Estate Pro in Staten Island, NY
JOSEPH RUNFOLA JR, BROKER, GRI answered:
Should I order a C.LU.E Report of my own or is this the job of my real estate agent?
If you want you can order your own. https://personalreports.lexisnexis.com/homesellers_disclosure_report/landing.jsp The C.L.U.E.® Home Seller's Disclosure Report will include for ... more
1 vote Share Flag Wed Aug 8, 2012 Home Buying in Hempstead
Josh Barret, Home Buyer in Dallas, TX
Josh Barret answered:
27yr Female w/o anyone to give me advice regarding home buying. I'm a First Time Home Buyer.Interested in buying a home from "Sell by
you can always interview different realtors. there are some tips & questions you can ask before you work with them please see link below - also most realtors will not represent the buye ... more
0 votes Share Flag Fri Aug 3, 2012 Home Buying in 11550
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Are there any home remodeling Grant programs in Nassau County?
Ask your loan officer the question; is a 203K rehab loan an option...
0 votes Share Flag Tue May 29, 2012 Home Buying in Hempstead
Stephen Webb…, Real Estate Pro in Seattle, WA
Stephen Webber answered:
If I make a offer on a home and after inspection find out that there is alot of repairs needed can I lower my offer amount?
Negotiating inspections is critical. Make sure you begin your home buying process with an experienced agent. Naive agents can cost you.
Most inspection addendums include the option of ... more
0 votes Share Flag Tue May 29, 2012 Home Buying in 11550
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
Is it true that a seller can be so offended by my low offer that they refuse to sell to me at any price?
They may be offended enough that they refuse to give you a counter offer....so that makes it a hindrace to negotiations.

But..........Make a higher or more reasonable offer, and I a ... more
0 votes Share Flag Mon May 28, 2012 Home Buying in Hempstead
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