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2. New Homeowners: Here’s What You Need To Know for Your Taxes

   www.aol.com/finance/homeowners-know-taxes...

   “First-time homebuyers who break into their IRAs to come up with the down payment do not have to pay the 10% penalty normally applied to withdrawals taken before age 59 1/2,” said Lisa Greene ...

3. What is the first-time homebuyer tax credit? - AOL

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   A first time homebuyer tax credit offers a direct reduction of the amount of income tax you owe. The U.S. federal government offered a tax credit program to first-time homebuyers (including those ...

4. 16 first-time homebuyer mistakes to avoid - AOL

   www.aol.com/finance/16-first-time-homebuyer...

   10. Draining your savings. Spending all or most of your savings on the down payment and closing costs is one of the biggest first-time homebuyer mistakes, says Ed Conarchy, a mortgage planner and ...

5. 10 first-time homebuyer tips: How to get that house - AOL

   www.aol.com/finance/10-first-time-homebuyer-tips...

   Tips for buying your first home. 8. Work with a real estate agent. After you have your financing squared away and a preapproval letter in hand, your next step as a first-time homebuyer is to hire ...

6. 41% of homeowners saved specifically for their first home ...

   www.aol.com/finance/41-homeowners-saved...

   For many renters, saving up for a down payment on a home is a serious challenge. Around two in five (41 percent) of current homeowners said they saved intentionally to be able to afford the down ...

7. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   Types of first-time homebuyer programs. Low-down payment conventional loans: Conventional loan programs that require just 3 percent down. Down payment assistance (DPA) programs: Loans, grants and ...

8. ‘The cost of housing is so important’: President Biden ...

   www.aol.com/finance/cost-housing-important...

   Recognizing the financial pain felt by millions of working families, President Biden has proposed a $10,000 tax credit for first-time homebuyers and people who sell their starter homes. Don’t miss

9. First-time homebuyer guide - AOL

   www.aol.com/finance/first-time-homebuyer-guide...

   A first-time homebuyer is someone who has either never owned a home or who has not owned a home in the last several years. First-time homebuyer programs offer loans with low down payments and ...