Comments on: Home buyers win big with extension and expansion of federal tax credit http://blog.srcar.org/index.php/2009/11/06/home-buyers-win-big-with-extension-and-expansion-of-federal-tax-credit/ SRCAR's Blog Wed, 04 Jan 2012 20:15:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Milca Burotto http://blog.srcar.org/index.php/2009/11/06/home-buyers-win-big-with-extension-and-expansion-of-federal-tax-credit/comment-page-1/#comment-363 Milca Burotto Tue, 10 Nov 2009 16:58:17 +0000 http://blog.srcar.org/?p=859#comment-363 RE: Extension or expansion of the Federal Tax Credit: My husband and I recently retired. I am disabled. We had our own principal residence and sold it 6-7 years ago. Then we moved into a former rental (previously owned by my parents) due to being unable to keep paying a high mortgage. Now that my husband can take a down payment from his 401K we like to purchase our last home. We are ready to purchase once we find the right home. Could we be considered " First Time Home Buyers" or claim any income tax credit once we purchase a property withing 3-5 months? Thank you for your article. Please be kind to reply to us ASAP. Thank you. RE: Extension or expansion of the Federal Tax Credit:
My husband and I recently retired. I am disabled. We had our own principal residence and sold it 6-7 years ago.
Then we moved into a former rental (previously owned by my parents) due to being unable to keep paying a high mortgage.
Now that my husband can take a down payment from his 401K we like to purchase our last home.
We are ready to purchase once we find the right home.
Could we be considered ” First Time Home Buyers” or claim any income tax credit once we purchase a property withing 3-5 months?

Thank you for your article. Please be kind to reply to us ASAP. Thank you.

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