first time home buyer – owner loan

Wade McGuinn asked: Buying your first home is likely the largest single purchase you have ever considered, which is why first time home buyers help is necessary. Because of the cost and significance, it is important to understand all of the details surrounding the potential purchase. From finding a realtor or builder to choosing the [...]

di_cassano asked: I bought a home 2 years ago, the home owner is myself only. If my wife buys a $200,000 worth of home in February, will she be able to claim the $8,000 tax credit as a first time home buyer? Thanks.Margaret

Jason B asked: My fiance and I are buying at home and both qualify for the first time home buyer credit. I’m assuming that we both can’t claim the $8,000, so does one of us claim it, or can it be split up 50/50 (mirroring our ownership of the house)?
Moreover, I have a question [...]

Farah asked: If a resident alien buys a house but he does not work in US or pay taxes, can he still get first time home buyer tax credit?Leo

jeffers asked: Am a Canadian citizen, can I take the advantage of first time home buyer tax credit?
I have lived in American more than 10 years and worked here more than 6 years. I am buying a condo in FL, can I take the advantage of first time home buyer tax credit?
thanksDanielle