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Will I quailfy as 1st time buyer?

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Icon Mini Profile yromd





Joined: 19 Sep 2009

Posts: 1

1.27 Dollars($)
Post Posted: Sat Sep 19, 2009 2:27 pm    Post subject: Will I quailfy as 1st time buyer?
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My husband and I have owned our home for 16 years. We are getting a divorce. When I go to purchase my own home, will I be considered a first time buyer?
Icon Mini Profile gunzijjistaff
gunz.ijjistaff




Joined: 07 Apr 2009

Posts: 712

4.51 Dollars($)
Post Posted: Sat Sep 19, 2009 8:24 pm    Post subject:
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Hi yromd,

Welcome to our forum.

If your name mentioned on deed while you both purchasing home. Then you can't qualify for First Time Home Buyer Tax Credit.If purchaser has not owe any property from last 3 years, then he will be qualify for First Time Home Buyer Tax Credit.

Thanks & Regards.
gunz.ijjistaff
Icon Mini Profile sunnyca2009





Joined: 04 Aug 2009

Posts: 1731

35.55 Dollars($)
Post Posted: Sun Sep 20, 2009 3:54 pm    Post subject:
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You will nto qulify as a first tiem home buyer

You shoudl not have onwd the house for the last three years to qulify as first tiem home buyer
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