Am I considered a first time home buyer?
RJ asked:
My wife and I are getting divorced. We currently own a home and both our names are on the mortgage. If I were to buy my own house in my own name, do I qualify as a first time home buyer?
I live in PA
Phillip
My wife and I are getting divorced. We currently own a home and both our names are on the mortgage. If I were to buy my own house in my own name, do I qualify as a first time home buyer?
I live in PA
Phillip

October 9th, 2009 at 2:49 am
Tina
No not if you had your name on a mortgage before. A first time home buyer is someone who has never owned a home before alone or jointly.
October 12th, 2009 at 2:18 am
Clara
No, because your name has been on a title and mortgage before. It doesn’t matter whose name has also been on the title and mortgage, you are not a first time homebuyer because this will not be the first time you’ve bought a home.
You might be doing it for the first time ALONE, but you’ve still done it before.
October 13th, 2009 at 8:55 am
Alvin
No.. Anyone who has had an ownership interest (as you have had) within the past three years is not eligible.
October 14th, 2009 at 5:58 am
Zachary
NOPE!
Unless your name wasn’t on anything- mortgage or the deed.
In Philly!
October 15th, 2009 at 11:08 pm
Donna
Man, if you can’t figure this out you should not be buying anything, your brain has not recovered from the trauma of the divorce.
No, you already bought a home, a new one would not be your first.
Make no decisions for awhile, you are obviously not thinking straight right now. Stress can do that to you.