Archives by Tag 'first time home buyer tax credit'
If my dad owns a home and helps me buy my first home do I qualify for the first time home buyer tax credit?
First time home buyers who qualify can receive up to $8,000 if they purchase a home prior to April 30, 2010 or are under contract to purchase a home by the April date and then close by June 30, 2010. If a parent already owns a home but cosigns on a loan for [...]
Can I receive the first time home buyer tax credit if I buy a short sale?
Houses being sold as a short sale make up a significant portion of listing inventories across the country. Buyers want to know if they can still receive the first time home buyer tax credit if they buy a short sale. The answer is yes as long as the house is a detached or attached home, [...]
If you have been renting for the past 3 years you could receive $8,000 if you buy in 2010
If you have been renting for the past 3 years you could receive $8,000 if you buy before April 30, 2010. First time home buyers that qualify are eligible to receive up to $8,000 simply by purchasing a home this year. Renters who are tired of their living arrangements and would like to own [...]
Tax credit for buying a home scheduled to end.
The first time homebuyer and the long-time resident tax credit is schedule to end on April 30, 2010. Anyone not under contract to buy a house by this date will not be eligible for the up to $8,000 tax credit. As long as a buyer is under contract by the April 30th date they will [...]
Colorado offers a way to take advantage of tax credit money upfront for qualified home buyers
Colorado is offering a way to take advantage of tax credit money for closing costs and pre-paids to qualified home buyers. The Colorado Housing and Finance Authority will allow home buyers to leverage the future benefit of the federal tax credit now for buying a home. For detailed information visit the Colorado Housing and Finance [...]