NO YOU FUCKIN WONT DICK
That is exactly what I did. Plus I got 5% locked in for my mortgage.
i just bought my first home in north buffalo. i close at the end of Aug.
single family unit
2k sqft
3 bed
1.5 bath
2 car detached garage
fenced in yard
i tried to view the house 3 times but the listing agent kept blowing me off. so i went to the open house with my agent to check the place out and by the end of the day there were 4 other offers on the table. i decided to throw my best offer in and ended up getting it for 5k over asking.
the way i see it is i was looking for like 4 months and this one really stood out so i didnt mind paying 5k over asking for a home im going to be happy with.
^^^
Nice looking place! Where in north b-lo? That is where mine is and I went 5k over asking on a six bid situation and got it. I was not the highest bid but had the most money down and the owner was a fellow combat vet so i got it lol.
Nice house Walker!!!
:word: That would be time for my dog to become a home owner… :snky:
That is one of my main reasons of buying a house this year.
Well i meant as your main reason. I have rad many articles of people not financially ready to buy a house, but are because of the plan. Please tell me you are not one of them!
I just bought a house too! Close on 8/27. For houses that show well and are in good locations expect them to fly off the market in less than a week. We lost out on two houses because we waited a few days to put an offer down. On the house that we bought, we put an offer on it the first day it was on the market, and there was another buyer that also put an offer in. We ended up paying $4K over asking price.
You should still get the full $8k even if you buy a double. We were looking at doubles as well as single family homes, but ended up going with a single family home.
You have to close by 11/30/2009 to get the stimulus.
The $15k credit increase/extension has already been shot down.
I am financially ready 
good…i ahve read quite a few articles of people doing it, who borrow from there 401k for a down payment, or use all there cash jsut for 3.5% down to buy just to get this 8G’s.
This would, quite frankly, rule. I already have my First Home program through HSBC secured and another :snky: in the bank.
That’s one to watch for sure. :tup:
I just closed on mine 2 weeks ago. I lost the first house I was looking at because the listing agent wouldn’t wait one more day to let me look through it before accepting the offer that was on the table. (I had only seen it at the open house.) But that was for the best anyway- found one down the road that I loved, and ended up in a bidding war. I got it for $120 over the listing price. I couldn’t be happier. I had planned on making a much lower offer, but with someone else interested, I realized I liked it too much to risk losing out.
Im not sure if this has been discussed before. But the 8k you get back has to be repaid over a 15 year period. Its essentially an interest-free loan from the federal government. Youre not paying it back out of pocket. But instead your tax refund will be less or the amount you owe will be more.
It does help first time homebuyers get settled in and its for sure a deal.
LOL no you are wrong.
Last years $7,500 was an interest free loan over 15 years.
This year it is $8,000 not paid back.
http://www.buffaloniagarahomes.com/static/first_time_homebuyer.htm
Good call cougarspeed. I forgot they changed that for 2009.
Congrats!
Thanks :jam:
:tup: Congrats ,man!
I’m sure you will bring plenty of smiles to the neighborhood.