Angie asks: If my name was never on a mortgage, but was on the deed, am I able to claim the $8,000 tax credit on a house I purchased myself? I am currently getting divorced and my name was only on the deed and I am in process of buying my own home. [...]

Latoya asks: Is it better to take the $3,000 that I was going to put down on a home and use it toward rate buy down? My interest rate would be 2%. The mortgage is for $139,000 and my rate would be 4.5% if I did not buy down the rate. [...]

Michele asks: I am currently renting. Should I purchase a home even if I do not have a five to ten percent down payment? I know that now is the time to buy. I can afford the mortgage payment and I have already been pre-approved. [...]