Questions tagged [first-time-home-buyer]
Questions by users purchasing a home for the first time, and questions relating to the various first-time home buyer credits.
14
questions with no upvoted or accepted answers
4
votes
0answers
200 views
How long must I wait after buying a property to rent it out?
I bought a place as a first time buyer without mortgage. Consequently I paid a 3% stamp duty. Due to certain circumstances, I will have to rent it out. I would like to know how long before I could ...
3
votes
0answers
2k views
HST for a new home in Ontario, a first time home buyer
I am planning to buy a new home for 830,000, what is the HST calculation? Can HST be paid together with the mortgage? Thanks.
2
votes
0answers
103 views
UK - What difference would having a “paying guest” lodging in your house make to your home insurance?
I am currently in the process of buying my first house, and had thought about potentially letting out the spare room to a lodger some time in the future.
Having just paid for a home insurance policy, ...
2
votes
0answers
101 views
How much would I save doing my own electrical rough-in?
I'm a capable and confident diy-er with some electrical experience. I'm trying to find parts of the home-building process I can do myself to save some cash when I build a house in the next couple ...
1
vote
0answers
262 views
First time buyer with low deposit (UK)
I'm looking to get on the property ladder as soon as possible but due to being the sole earner in our household and having a family I can't put away as much as I would like. I'm hoping in the next 6 ...
1
vote
0answers
86 views
Home Foundation Warranty Transfer
I recently purchased my first house. The house had some foundation work done a few years ago and the company who did the work supplied a life time warranty.
This warranty has a Transfer section that ...
1
vote
0answers
287 views
Guidelines on when to buy or rent an apartment (in Europe)
I am currently facing an important decision for my life: I finished studies and will soon enter industry to work. Due to the fact that I will likely earn some money on a regular basis, I want to ...
1
vote
0answers
41 views
What counts as 'qualified government orders'?
In 2008, we received a first time home buyer credit. In 2010, I became a government employee. In 2015, I transferred to a new position in a new city which made me part of the intelligence community. ...
1
vote
0answers
64 views
First time buyer in Ottawa and need some advice!
Hi im thinking of buying a home in Ottawa south for 350,000$ and im going to put 25,000$ as a down payment. I will be moving to another country in 3 years so i will have to sell my home. Do you think ...
1
vote
0answers
551 views
FHA loan just commenced : Any way to get any of the up-front mortgage insurance back?
Background : I ended up in a nasty situation where my FHA lender had over 7 weeks to prepare, and through indolence, was going to miss closing. Lender became very unresponsive - multiple multi-day ...
0
votes
0answers
54 views
UK first-time home buyer government programs - ISA
I am currently looking for my first house to buy.
I looked at https://www.helptobuy.gov.uk/help-to-buy-isa/how-does-it-work/, The Help to Buy ISA had been closed to new accounts at midnight on 30 ...
0
votes
0answers
130 views
What do I need to know to buy land and install a house?
I recently inherited some money and wish to buy a house (my first). I have tentatively concluded that the way to go is to buy a vacant lot (there are always some on Craigslist) and a prefab house.
...
0
votes
1answer
49 views
Tax benefit on home loan of under construction as well as ready possession property
I am from Pune, India and working in Ratnagiri.
I have purchased a under constructed flat as a Co-Owner in FY 18-19 in Pune. Possession will be after four years i.e. 2022. First Owner is my wife. We ...
0
votes
0answers
162 views
First time buyers in the UK
Are there currently any grants or interest free loans available to first time buyers in the north of England on a home worth around £145,000?
My partner and I are looking to purchase a house in the ...
