– Many first-time buyer programs require at least one borrower who is a “first-time buyer,” but that doesn’t mean you won’t qualify if you have purchased a home before. The definition of “first-time buyer” generally means a borrower who has not purchased a residential property within the past 3 years.
Home Price Based On Salary The salary you must earn to buy a home in the 50. – HSH.com – HSH’s quarterly review of the salary you need to buy a home in the 50 largest metropolitan areas. We research, you save.. check out HSH’s FHA Loan Calculator and Low Downpayment. a locally owned and operated real estate information company. Home-price data for Detroit was provided by.