Tag Archives: First House

Questions about capital gain and the USDA Rural Development Loan?

Lacey asked: My husband and I have had our house since June of 2008. We need to relocate and worry about selling our first house. Question #1—How do capital gains work? Our purchase price was $80,000. Which, was a seemed … Continue reading

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Can a new home loan include the cost of initial repair?

southernserendipiti asked: I’m looking to buy my first house, and I want to seem reasonably intelligent before I sit down with a mortgage broker. If I am interested in purchasing a home in need of a few, minor repairs, can … Continue reading

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