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This show originally aired on June 20, 2009
What is Restore? Restore is a building supply outlet out of Habitat for Humanity that accepts donations of good used building supplies, carpet, appliances, lighting fixtures, etc. For information on how to donate or purchase these products contact Paul Kent of Habitat for Humanity at 918-592-4224.
What types of programs are there for first time home buyers? There is a first time home buyer tax credit of $8000 right now. This is available for first time home buyers. The closing on the home must be complete by December 31, 2009.
For more information on the first-time home buyer tax credit, contact Karen Hestion, Bank of Oklahoma, at 918-230-9432.
If you are interested in purchasing your first home, contact Darryl Baskin, McGraw Realtors, at 918-740-0077 or www. darrylbaskin.com.
What is a good debt ratio? Your house payment with insurance and taxes should be 29% or less of your gross income. Your total debt, including house payment, insurance, taxes, credit cards, auto loans, etc. should be around 43% or less.
For information on good debt rations, or for helpful mortgage calculators, check out the BOK website or call Karen Heston at 918-230-9432.

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McGraw, REALTORS
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