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  2. 14 Things You Must Do Before Buying Your First Home - AOL

    www.aol.com/14-things-must-buying-first...

    Here are 14 things you must do before buying your first home. Know Your Budget. Knowing your budget is the most important consideration. “How much can you afford to spend on a down payment, ...

  3. First-time homebuyer guide - AOL

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

    A first-time homebuyer is someone who has never owned a home before, or someone who hasn’t owned a home for at least the previous three years. In certain tax circumstances, the IRS considers ...

  4. From grants to low-interest loans, this state-by-state guide ...

    www.aol.com/grants-low-interest-loans-state...

    Helps first-time home buyers with down payment and closing cost assistance. First-time home buyers, Kansans who have a median income at or below 80% of their area qualify. Kentucky Housing Corporation

  5. Home mortgage interest deduction - Wikipedia

    en.wikipedia.org/wiki/Home_mortgage_interest...

    First, the taxpayer must elect to itemize deductions, and the total itemized deductions must exceed the standard deduction (otherwise, itemization would not reduce tax). Second, the deduction is limited to interest on debts secured by a principal residence or a second home. Third, interest is deductible on only the first $1 million of debt used ...

  6. Tax-Free IRA Withdrawals: Is It Possible? - AOL

    www.aol.com/avoid-paying-taxes-ira-withdrawals...

    Your first home – You can early withdraw up to $10,000 from an IRA without penalties if you put the money toward buying your first home. ... approved charity and take up to a 30% tax deduction ...

  7. Looking to buy your first home in 2024? Here's how you do it ...

    www.aol.com/looking-buy-first-home-2024...

    Many first-time buyers don't even know the steps they need to take to begin the process. If you'd like to buy your first home in 2024 but don't know where to start, don't be intimidated. Here's a ...

  8. A Step-By-Step Guide to Buying Your First Home - AOL

    www.aol.com/step-step-guide-buying-first...

    4. Get Preapproved for a Mortgage. You’ll position yourself as a strong buyer if you’re preapproved for a mortgage before you start house hunting and putting in offers. “Oftentimes the ...

  9. Buying your first home is daunting. Here are some resources ...

    www.aol.com/buying-first-home-daunting-resources...

    Hudson River Housing also offers a group education opportunity for first-time homebuyers through their "First Home Club" program, which covers the home buying process. There is a $100 fee to ...

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