In this generation helping home buyers is like helping the wealthy. Most of us have no hope in hell of ever coming close to buying.
this post was submitted on 16 Aug 2024
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Harris is basically become Frodo Baggins and Walz is all about the PO-TAY-TOES
This isn't fair to people like me, who were fortunate enough to buy their first house without 25k from the government. Won't someone think about how disadvantaged I am!
There are plenty of people that think this way. They'll happily slap a free glass of water out of a thirsty man's hand because they were there thirsty yesterday and no one offered them water.
Instead of being happy for the thirsty man getting some water, they'd rather he suffer the way they had.
I mean that means if you can find 10 best friends you can all pitch in to put 50% down on a 500 sqft condo in a major city, right? This means its essentially paying a 7x7 ft square of housing at the federal level. Realistically they'd need to start at 90k and state and local govs should pitch in another 90k each to make home buying in most cities affordable.
Am I a first time home buyer if I moved for a job and have been renting at the new location for 3+ years?
I would take it to mean if you've never owned a home
this will get all kinds of messed up. I had one of these years ago. It used to be you had to take a home ownership course. Had to earn under X amount and not have owned a home in the prior 9 years. You had I think 10 months to find house.
NOW you have to be of a specific demographic, the sum us larger. and yay need ti already be in close on the house. Which is nuts because if you are already in closing there's a huge chance when you go to apply the funds are gone. Can't afford the house. Before, the grants were limited/. But you knew before CLOSE that they were out of grands for the year.