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If i'm buying two family house as my primary residence Will I qualifay for first time home buyer ?

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June 30 - Gravesend/Sheepshead Bay

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Elliot Sirota, "elliotsirota"
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Elliot Sirota, "elliotsirota"

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If you are a 1st time buyer and you plan to live in the home then you may qualify. It is best to speak with a tax consultant or most mortgage brokers will have this information.

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July 11

yfalade
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yfalade

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Yes. As long as you are a first time homebuyer, and the property falls under the "one family" definition. A two-family technically house falls under such a category. So you are OK.

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July 11

Linda M. Prange, "Selling Sunny FL"
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Linda M. Prange, "Selling Sunny FL"

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Only first time homebuyers (an individual who hasn't owned a principal residence in the previous 3 years) is eligible to use the credit. And it applies to buying one principal residence. Also the residence must be in the USA. It's best to consult your tax professional but this is an answer to your basic question. Hope it helps!

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June 30

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If i'm buying two family house as my primary residence Will I qualifay for first time home buyer ?

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Question If i'm buying two family house as my primary residence Will I qualifay for first time home buyer tax

Question If i'm buying two family house as my primary residence Will I qualifay for first time home buyer ?

Related Articles about Buying Process

Guide Real Estate Buyer's Closing Costs

Guide List of Closing Costs and Fees

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If i'm buying two family house as my primary residence Will I qualifay for first time home buyer ?

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Related Questions

Question If i'm buying two family house as my primary residence Will I qualifay for first time home buyer tax

Question If i'm buying two family house as my primary residence Will I qualifay for first time home buyer ?

Related Articles about Buying Process

Guide Real Estate Buyer's Closing Costs

Guide List of Closing Costs and Fees

Guide You've Opened Escrow

Guide Home Buying One Step at a Time

Guide A Buyer's Guide to Making the Right Choice

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