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Does the $8000 tax credit apply to condos as well?

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Does the $8000 tax credit apply to condos as well?

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Does anybody know if the $8000 tax credit applies to the purchase of a condo?

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March 26 - Eagle Mountain

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Geraldine Yugar, "gmyugar"
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Geraldine Yugar, "gmyugar"

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Yes, condos qualify for this credit, but it must be your principal residence. The tax credit has income restrictions as well as requirements to qualify as a "first time buyer" (any individual who does not currently own their principal residence or has owned in the last 3years).

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March 26

Earl Boyer, "Earl Boyer"
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Earl Boyer, "Earl Boyer"

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If you are looking at new unoccupied construction the Utah state grant may apply http://b2b.utahhousingcorp.org/HomeRun.htmbut you will need to hurry.

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March 28

Michael Emery, "MikeEmery"
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Michael Emery, "MikeEmery"

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Here's the linky to more info. Otherwise Geraldine's info is spot on. http://www.federalhousingtaxcredit.com/2009/faq.php

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March 26

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March 28

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Does the $8000 tax credit apply to condos as well?

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Question Does the $8000 tax credit apply to condos as well?

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Guide Home Buying One Step at a Time

Guide A Buyer's Guide to Making the Right Choice

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