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I want to buy a house

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Guest	Posted: Sun Feb 07, 2010 2:57 pm    Post subject: I want to buy a house Like 0 Dislike 0 My mom put me on a quit deep on her house does the disquify me for the first time buyers program i would like to buy a house
Lormont47 Guest	Posted: Sun Feb 07, 2010 2:58 pm    Post subject: First time buyer Like 0 Dislike 0 My mom put me on a quit deep so will that disqualify me from the credit for first time buyer
adonis Joined: 22 Oct 2005 Posts: 10250 Location: ALASKA 1043.57 Dollars($)	Posted: Sun Feb 07, 2010 8:52 pm    Post subject: Like 0 Dislike 0 Hi Lormont, If you buy a property now, you won't be considered as a first time home buyer. This is because, your name is already on a property deed. A person would be considered as a first time home buyer only if he/she does not own a property in the last 3 years. Thus, you will not be able to qualify for the first time homebuyer's tax credit. _________________ Procrastination is the enemy of your financial success

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