The First-Time Home Buyer Tax Credit: 2020
Looking for the first-time home buyer tax credit? You may be thinking of the federal program implemented under the Obama administration. We hate to be the bearer of bad news,…
Hal M. Bundrick, CFP
Hal M. Bundrick is a personal finance writer and a NerdWallet authority in money matters. He is a certified financial planner and former financial consultant and senior investment specialist for Wall Street firms. Hal advised families, business owners, nonprofits, and trusts, as well as managed group employee retirement plans in the South and Midwest. Since hanging up (burning) his suits and ties, Hal now works to make financial topics understandable and jargon-free. Email: [email protected]
Posts by Hal M. Bundrick, CFP:
What the New Coronavirus Means for Your Home Loan and Mortgage Rates
The Federal Reserve has cut short-term interest rates by 1.5 percentage points in less than two weeks and is making sure that money keeps flowing through the mortgage financing system…
The Closing Disclosure Form: What It Is, How It Works
The Closing Disclosure is the final document you’ll see in the mortgage loan process — just prior to that massive pile of paperwork you’ll face at closing. It’s only five…
Is It Time for Me to Stop Renting?
The answer to the question of whether to continue renting a place or hold your nose, jump in and buy a home will require just a little math. Or you can let…
How Can I Buy My Own Place?
Hey, it’s difficult to buy a home — but not sneeze-with-your-eyes-open impossible. Breaking it down into first this and then that steps can help. First, the down payment. Then, a…
Closing on a House: How Long It Takes, What to Expect
There are two major edge-of-your-seat suspenseful situations when buying a home: getting preapproved for a mortgage and closing on a house. Both are filled with anticipation and anxiety. First, there’s…
First-Time Home Buyer Down Payment Strategies
Socking away a pile of money for a down payment on your first home is easier said than done. First-time home buyers often combine saving for a down payment with…
The 20% Mortgage Down Payment Is Dead
For first-time home buyers, the challenge of coming up with a 20% mortgage down payment is often difficult enough to keep them out of the market. But the 20% down…
First-Time Home Buyer Benefits: How to Qualify
Qualifying as a first-time home buyer doesn’t mean you’ve never owned a house. Meeting first-time home buyer qualifications unlocks many benefits, including low- or no-down-payment loans, down payment assistance, grants…
First-Time Home Buyer Class: Why Take It?
A first-time home buyer class has been suggested to you — perhaps by a lender, friend or real estate agent. And you’re thinking, “What’s the point?” But what if you…
