Can anyone tell me if you can be classed as a first time buyer if you have divorced & starting again?
828270
Yes he can, provided he does not have any commitments under any other mortgage or secured loan.\n\nEven if he had a previous mortgage, provided he no longer has one, then he will be considered as a first time buyer.\n\nNo comments about the divorce - I see she got the house. I know that feeling only too well........\n\nWish him luck and I hope he makes a better choice next time.
1003688
I wouldn't purchase another one, until the divorce is finalised. Rent until then, they buy one....or if you can't wait, put it in someone else's name until the divorce is final. if it's a nasty divorce, they could try to go after half of it, just to be dirty.
1006268
check to see if your state has a first time home buyers grant. these are given to encourage people to stay in their state for a minimum of two years. Look it up.
197625
Yep it is hard to get back out there after being with the same person for a long time.I Have been divorced for over 3 years separated for over 6.If you just got a divorce you probably should not jump right into a relationship.But is hard to be alone so find yourself some old friends and hang out.If you are interested in a certain type of activity hang out there and find people with same interests.I myself cannot wait for the racing season to start at the dirt tracks....And am looking forward to going to hang out and drive the go carts in cottage grove.So hang where you are interested like baseball game... and find someone female that is interested in same things and build from there.I am also from Minnesota. Good luck.
941979
You could never loose what you never owned. People will be people no matter what and can always be counted upon to make unpredictable moves in life. \n\nGetting a divorce is not the end of the world but the beginning of a new life for yourself. You will struggle and have some heartache at the beginning, but, not to worry, it's normal.\n\nNever allow anyone to put you on hold or take away the precious minutes we spend being alive. Begin anew and the best of luck.
575760
Common law is shown as a legal status after 7 complete years of actually living together. However your 6 previous years before marriage are moot but anything bought before the marriage the he has brought into it with you, you may be intitled to percentages which increase if you have even ever paid or wrote a check for that beared your name.(utilities, mortgages, etc.) You then become an owner by association. Seek a qualified attorney as this she should have been aware of.
385411
the government offers some help with down payments for first time buyers. there may be some criteria though. may be worth checking into.
454179
You have to check with your states Friend of the Court or whatever they have.I think that it differs from state to state.In Michigan I don't think it does.It is set at time of divorce and then if you remarry, I don't think that she can ask for more if your new wife has a good job. But I am sure some money grubbers try.
1006022
Yes, after I got divorced. Don't be jealous!
61060
It depends on where you live.  Most states have pre-printed forms for most of the divorce process.  You should also look for free or low-cost legal assistance in your area if you can't afford an attorney.
321787
I separated from my ex husband two years ago and started to file separately because I didn't want to be blamed for anything on his tax return.  It was a trust issue with me as his income could not be verified because he works in a third world country as an expat.
350939
What you are referring to is for primary residences after people have lived there for 2 years... This does not apply in you situation.\n\nWhat does apply is a procedure known as a 1031 exchange.  1031 exchanges allow you to totally defer your capital gains tax by reinvesting the proceeds of your sale into another 'like kind' property.  (like-kind refers to the other property being investment use as compared to personal use).\n\nI'm finishing up the testing on a 1031 exchange site.  The information is real, and many of the test properties are available listings as well.\n\nFeel free to check the site out for the basics on a 1031 exchange.
572001
Rebuilding my credit and buying my first home only 5 years after ending a disastrous marriage.
666855
I don't know if that's true...it's more of a case by case basis.  For example, I remarried shortly after divorcing, and my ex is still single 12 years later.  It is harder for women who have children to find men who are willing to accept them as package deals, though.
394709
Yes you can.  Go back to the solicitor who dealt with the divorce and tell him to you want to start ancillary relief proceedings.
470309
I am assuming that you are referring to Connecticut Housing Finance Authority. Whether you are or not (CA and CO) they are all basically the same. You either have to be a first time homebuyer or not have home ownership interest with in the last three years. The only exceptions to this is 1) if you are purchasing with in a census targeted location with in the state 2) Recently divorced and can produce documentation of the separation. \n\nOther areas that you have to be concerned is that there are income and sales price limits for specific locations based on township and/or targeted census locations. \n\nThere is a lot more information, but I am not going to post it, but you can either email me if you have any more questions. You can also go to their website at WWW.CHFA.ORG.
893135
This is a great idea.  Obviously you know that even though you need to include the disbursement as income, you can avoid the 10% penalty if you use the proceeds (up to $10,000 over your lifetime) for a "1st time home purchase".  You can not have any interest in a home for the 24 months prior to the purchase of the home to get the "1st time" status.\n\nThe year you need to include the income is the year in which the money is disbursed, not necessarily the year in which you settle on the home.  Please pay within the 120 day window.  I can't see anywhere where it allows you to take the money out AFTER you pay for the home, so be sure to take it out earlier.