This is required whether you had a gain or a loss on the property. Get competitive quotes from multiple insurance providers through Wells Fargo Insurance.  So, by now you have likely already weighed the benefits and decided that home ownership was the best decision for you. Check the selling prices of comparable homes in your area. You sold your main home or the home is no longer your main home You must report the sale or other disposition of your main home on a completed Form 5405, First-Time Homebuyer Credit and Repayment of the Credit, and attach it to your tax return for the year of the sale or other disposition. We'll send the closing documents to your closing agent. HUD Home Loan home builder australia Program -FAA loan for HUD owned homes or FHA foreclosures. This may seem like a lot, but in this age of tight credit, don't be surprised if your lender needs a lot in the way of documentation. 3. This credit reduces your tax bill or increases your refund depending on the tax you owe.

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Our First-Time Homebuyer Specialists help you with FREE same day pre-approvals, low down payments, and savings on everything from appliances to moving expenses. Then, as you walk through a few of the rooms, you notice problems with the house — maybe the floors squeak or the kitchen island is off-centered. Consider newly built homes in addition to existing homes. By the time you reach your real estate agent's office, you are halfway to home ownership. Here at  FAA Government Loans we understand the magnitude of this decision and it is our goal to make your transition into home ownership unforgettable. How do I take this education course? CalHFA has first and junior loan options for low to moderate income families, including low to zero interest rate down payment assistance loans. Collect pay stubs, bank account statements, W-2s, tax returns for the past 2 years, statements from current loans and credit lines, and names and addresses of your landlords for the past 2 years.