 |
Buying Ahead of Time |
| |
 |
I work for the state and will be transferring to another city (working for the same state agency at the same job) within the next 3-4 months. I am a first time homebuyer and have already found a home that I like.
Is there any way to be able to purchase the home now, even though I won't be living in the area for another few months? I am not within commuting distance and I want to take advantage of first time homebuyer tax credits.
Thanks, |
| |
| |
 |
Certainly, people buy houses before they've moved to town all the time. But it can be difficult to keep insurance on a vacant house, and my guess is that the costs of maintaining it (mortgage payments, property taxes, insurance, minimal utilities) could eat up most of your tax credit within a few months anyhow. |
| |
|
Edith
Originally published on July 1, 2009 |
| |
| |
|
Back to Summary
|
< Previous | Next > |
| |
|
|
