7000 goverment home grant/loan for new buyers?

Written by on October 30th, 2009

makneltech asked:


So my uncle said that there was an offer for 7000 loan from the government that had to be paid back in 15 years with no interest.

My father gave me 50% and my uncle 50%. The house had been refinanced about 4 years ago.

7000 with no interest sounds good, just dint know where to find information about it. Ive been looking everywhere.

Anybody know of this, or know where to get good information on this situation.
yea the house had been bought like… 10 years ago by my dad.

The house also had been refinanced 4 years ago to pull money out to purchase another new home.(to pay the new home in full)

Last year my dad did a quick claim transfer(gift) to me for 50% of the title deed and 50% for my uncle. My uncle wasnt on the title previously.

Now were both new owners of the property atleast on the title we are.

Couldnt we qualify since we are the new owners of the property (me and my uncle). Were paying the rent after all, i am now too.

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3 Responses to “7000 goverment home grant/loan for new buyers?”

  1. Ryan M Says:

    The irss website you post does not eligible since you are not buy anything please add more details.

  2. golferwhoworks Says:

    ok het is voor de eerste kopers tijd thuis en de lening is 7500 dollar belastingkrediet. U betaalt het terug 500 dollar per jaar voor de komende 15 jaar. You don't get it up front op alle pas na je koopt. Nu papa en oom cadeau kunt u uw aanbetaling en je kunt kopen van een huis dan van toepassing voor het belastingkrediet daarna. Als u niet een eerste keer koper of zijn niet in handen in de laatste 3 jaar u in aanmerking komt. Als je je handen krijgt squat extra welke maand? U betaald squat dus waar bent u een eerste keer koper? Het feit dat je begaafde waren 1 / 2 van dit huis heb je een belastingschuld nu. Je moet zien een accountant. Ik ben een hypotheek bankier in TN & KY

  3. Alterfemego Says:

    Technisch omdat u reeds 50% bezit bent u niet meer een Eerste Koper van de Keer, waarvoor dit geld door onze overheid werd bestemd.

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