Home Buyer Credit New Construction

Home Buyer Credit New Construction

Question: Qualified for First Time Home Buyers Credit?

So my husband and I got a construction loan and our loan officer worked it into a refinance for us to purchase the mortgage. We are first time home buyers (builders)…does anyone know if we are disqualified from the $8 tax credit because we worked this loan as a refinance? Or is it just plain and simple if you are first time home buyers, you get the credit? Any sources of information are appreciated.




Answer: your loan is not important. if you purchased a home to be used as your principal residence and neither of you have owned a home in last 3 years then you qualfy.

Tampa Bay real estate market took its medicine in 2009

Year-in-review columns have been treating 2009 as if it were toxic. Let’s take a different approach as we examine the year in Tampa Bay real estate. The housing market forced down some nasty medicine. Is that a bad thing? No, it is not.

New Home Designs Make Renting Nonsensical




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