Random question, but it relates to buying through escrow (either land or homes). I haven’t purchased a home for my family yet, so I will qualify for ‘First-Time Home Buyer’ incentives when I buy. If I purchase a piece of land through escrow, prior to actually buying a home through escrow, will that affect my first-time home buyer incentive? I’m just wondering if utilizing escrow for a piece of land will affect buying a home for the first time in any way.
I’m thinking the mortgage side of purchasing a home is what affects the first time home buyers discounts, not the escrow process.
Any feedback helps! Thanks.
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