for those that went through contract for deed........question, please help!
Me and DH are looking at a house and are thinking about asking the owner/builder to go through a bond for deed. (thats what its called here in louisiana). The owner wants to do rent to own for a couple of years so we can work on our credit and then apply for the mortgage after that. But me and dh were talking about doin the bond for deed until we get his credit up, that way we can still get the tax credit. Has anyone done this before? How is it? Pros and Cons?
Posted by
on Mar. 16, 2010 at 9:49 PM
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OH i'm a bad mom and wife for feeding my family hamburger helper LOL. YUMMY and easy to make
Yesterday at 4:35 PM
by
Gold Member
on Mar. 16, 2010 at 9:59 PM
I don't think so you have to own the house to get the first time buyer credit.
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- sxylilmom
on Mar. 16, 2010 at 9:49 PM