first time home buyer – owner loan

November 10, 2011

Q&A: Why does the first time home buyer credit start on April 8th?

Filed under: First Time Home Buyer — Tags: , , , , , , — admin @ 6:05 pm


Question by Joseph P: Why does the first time home buyer credit start on April 8th?
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 15th because the house was not inhabitable. I assume i do not qualify.

Best answer:

Answer by Dirk W
http://www.federalhousingtaxcredit.com/index.htmlthis site helps a little, but i think you meant april 8, 2008 right and to claim the date is your close date not move in or pre-approved loan, at least thats what i am stated. now i whipsawing on internet saying obama might have where we dont have to pay back the 7,500 who know i am trying to found out this too. so if your closing date was after april 8 2008 then u quilfy so get that money



Know better? Leave your own answer in the comments!

April 8, 2009

Do I have any chance of getting the $15,000 tax credit being a first time home buyer in April 2008?

Piperbox asked:


I never applied for the $7,500 tax credit last year. I bought my house last April and am wondering if I can take any advantage of Obamas new plan to give a 15,000 tax credit to first time home buyers.

Does anybody know what I can/should do?

Francis

March 31, 2009

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 15th because the house was not inhabitable. I assume i do not qualify.

Dustin

March 8, 2009

would I qualify as a first time home buyer?

WENDY J asked:


My husband and I purchased a home in April of 05. We separated in December of 05. I moved into a apartment at that time which would be considered my primary residence. He fought the divorce until Feb. 07 (he lived in the home). This is when my name was taken off the deed. The guidelines are did you own a primary residence in the past three years…which technically I did not. So do I qualify as a first time home buyer?

Ethel

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