first time home buyer – owner loan

blog for first time home buyers

do i fall under a first time home buyer?

katie n asked:


my husband and I own a house in upstate NY. my name is on the deed. but I have not signed the loan. If we get a divorce would I be eligible to receive the first time home buyers 8000$ stimulus package deal?

Ruth
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Posted December 14th, 2009 in Renting & Real Estate 8 Comments »

Tags: , , , , , ,

8 Responses to “do i fall under a first time home buyer?”

  • dustoff says:

    Jerry

    No. The loan is not the issue. The deed is the issue.

  • sassy2 says:

    Allison

    No you already own a home. Your name is on the deed means you are an owner. The 8k is for first time home owner

  • grand lake bum says:

    Eugene

    nope

  • acermill says:

    Cody

    Not even close. You are an owner of a home right at this moment. You may not have owned a primary residence within the past three years in order to qualify for the tax credit.

  • gabby says:

    Charlene

    is it paid for? or a vacation home?
    depending on your answers you might qualify

    if both yes, then you qualify

  • godged says:

    Jeffery

    Even if this is a second home, you DO NOT qualify for FTHB.

  • †Ask Me Anything† says:

    Russell

    No

    And even if you could, that is pretty drastic to divorce just to be able to get 8k. LOL

  • Classy Granny says:

    Lillie

    No. You’ve already owned a house in NY. The $8000 is for FIRST time home buyers

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