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 sunnyca2009
Joined: 04 Aug 2009
Posts: 1737
36.13 Dollars($)
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 Posted: Tue Oct 13, 2009 8:57 am Post subject: |
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No issues george.
IRS.gov would be the best place at the end |
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thome
Guest
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| Posted: Mon Oct 26, 2009 9:09 am Post subject: first time home buyer |
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| I am married and my husband is a co signer on a mortgage with his mother. If I am buying a house now and have never purchased in the past and will be the only person on the mortagage not my husband. Will I qualify for the first time home buyers stimulus money. |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7437
Location: bloomfield, ct
68.42 Dollars($)
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| Posted: Mon Oct 26, 2009 6:17 pm Post subject: |
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you sure ought to be able to do so, thome. check with the irs or your tax advisor for the latest updates, though.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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SMM
Guest
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| Posted: Thu Oct 29, 2009 9:31 am Post subject: tax credit |
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| I got a home in 2002 would I qualify for any credit |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7437
Location: bloomfield, ct
68.42 Dollars($)
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| Posted: Fri Oct 30, 2009 11:40 am Post subject: |
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presumably, guest, you remain in that home at this time, 7 years later...right?
assuming that i'm correct in that thought, you're not eligible for any first-time homebuyer credit. they didn't exist in 2002.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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home buyer
Guest
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| Posted: Sat Nov 07, 2009 8:52 am Post subject: TAX CREDIT |
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| I bought a house for my sister and she let it forclose in 2006. I have never lived in the house. We live in Japan, my husband is military and we are buying a house November2009. Will we qualify for the tax credit |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7437
Location: bloomfield, ct
68.42 Dollars($)
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| Posted: Tue Nov 10, 2009 11:01 am Post subject: |
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it would seem so, home buyer, assuming that you're coming back to the us to make that purchase. since you did not reside in that home you purchased for your sister, it wouldn't have inhibited you anyway.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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peggy 101
Guest
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| Posted: Fri Nov 13, 2009 4:17 pm Post subject: tax credit |
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| My Husband cosigned on a house with his parents back in 2001. In 2005 he stopped using the house as a primary resident and he has rented since. I finally got his parents to take his name off the house this past summer by doing an assumption of the loan. I on the other hand have never owned a house. This year we have bought a new house. Will we still qualify for the tax credit because we haven’t used the house for a primary resident even though his name was listed as a cosigner? |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7437
Location: bloomfield, ct
68.42 Dollars($)
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| Posted: Sun Nov 15, 2009 8:30 pm Post subject: |
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he'd seem to meet the requirement that you cannot reside in a primary residence for the last 3 years. i suggest you contact the irs - go to their website, where you will find FAQ, which may be helpful here. also, you can call them - see the website for the number.
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
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