I've been approved for a loan of $75k (not very much I know) but was convinced by Agent that I'd be able to find a really nice foreclosure home for that amount...still haven't. I'm wondering if I should just wait until I can qualify for a larger loan before buying, though I'd have to come up with 3% down payment ($2,100) if I wait too long.
Should I buy now while there's no down payment (before October 1st) and get the best house for the amount I qualify for, or should I wait until I pay my car off (in March09), which would put me at a loan for $125k (perfect for me, more options to chose/negotiate from) and save for the 3% down payment ($3,750 or less)?
Which is a smarter choice?
When you someone pays into health insurance, can this be used for a tax write off?
For exaple, I pay roughly $600 per month into health insurance. Which means I pay about $7,200 into health insurance for the year.
Can this count for the minimal $7,500 in order to quailfy for the tax write offs?
my brother is 14 years old and he receives ssi .....but my mom cashes the check...I'm 18 and if my brother would move in with me would I be able to cash his check....give me any info about this...what will I have to do so I can be able to cash it? And does he have to be in my custody to live with me?