First Time Buyer

Tim Vicsik is a Licensed Realtor with experience working with these First Time Buyer programs.  For an appointment please contact Tim at Tim@TimVicsik.com or  call 574-329-9587.

Community HomeBuyers Corporation: The mission of Community Homebuyers Corporation (CHC) is to provide affordable mortgage opportunities to first-time homebuyers, with low and moderate income, who wish to become residents of the City of South Bend.  Owning a home is a goal of almost every person, but securing the appropriate financing can be difficult.  With assistance from the Community Homebuyers Corporation (CHC) you or Read the rest of this entry »

First Federal Savings Bank:  Don’t qualify for a State or City funded program?  First Federal has the answer.  First Federal will pay all standard closing costs on any First Federal loan product for borrowers who have never owned Real Estate Property.  Read the rest of this entry »

First Time Buyer Tax Credit: Federal program up to $8,000, now only available to Military personell through April 30, 2011. For the purpose of this tax credit, a first-time homebuyer is defined as someone who has not owned a primary residence in the three-year period ending on the date of purchasing the home. Married couples are considered first-time buyers if neither spouse has owned a residence in the previous three years.

Long Term Resident Home Buyer: Federal program up to $6,500, now only available to Military personell through April 30, 2011. People who already own a home can qualify for the tax credit if they buy another home. To qualify, individuals needs to have owned and lived in their residence for at least five consecutive years in the eight-year period that ends on the purchase date of the new property.

Tim Vicsik
Home Gallery Realtors
Tim@TimVicsik.com
574-329-9587