Do we still qualify for the First-Time Home Buyer Tax Credit if we use a non-occupant co-borrower?Jimmy T asked: My wife and I have are buying a home, and used my mother in law as a non-occupant co-borrower. It is our first home, and we received an FHA loan. Can we still qualify for the First-Time Home Buyer Tax Credit even though we have a non-occupant co-borrower who owns a house [...] First time home buyer tax credit and Owner Financing?~~LaLaLa~~~ asked: We are buying a home for the first time but we are owner financing it. This home is his grandmother’s home and we are actively in the process of setting up the owner financing with her and the bank. Since we aren’t borrowing money from the bank but paying to his grandmother and [...] Can the first time home buyer credit be used for a down payment?Big Iron asked: Keep hearing that the first time home buyer credit can now be used for a down payment. Trying to find out if that is true or what the qualifications/requirements are for that.Julie where can i verified my status on the first time home buyer credit?Sandra asked: I applied on 2/24/2009 for the first time home buyer owners credit and have heard nothing ,do you have any knowedge where i can call or ck.Thanks for your help.Dora Why does the first time home buyer credit start on April 8th?Joseph P asked: According to the first time hope buyer credit info on publication 17 it states that you had to have purchased you home after April 8 2009. Whats the deal with that? Why April? Why not January 1, 2008? I bought my house on March 6th but could not move in Until April [...] Am a Canadian citizen, can I take the advantage of first time home buyer tax credit?jeffers asked: Am a Canadian citizen, can I take the advantage of first time home buyer tax credit? |