first time home buyer – owner loan

April 7, 2009

Does anyone know if the first-time home buyer tax credit is good towards buying a foreclosed home?

Nate asked:


Just wondering if anyone knows if the first-time home buyer tax credit that’s being offered is good towards to purchase of a foreclosure or home purchased through a county tax sale? How would this work? Where can I find more information on the specifics of the tax credit?

Brent

March 23, 2009

does buying a foreclosed home qualify you for the first time home buyer tax credit?

anonymous asked:


I am considering buying a foreclosed home from a local sheriff’s auction. This would be my first time buying a home. I am wondering if the first time home buyers tax credit would still apply to me even though I am buying a foreclosed home. Thanks for any help!

Colleen

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