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The first time home buyers credit is available to people who purchased their home from 2008-2010. You could not previously have owned a home in the three years before the closing date on your new house. If you owned a home previously, but sold it before the three year deadline, you are still a candidate.

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Q: How does someone qualify for the home buyers credit?
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Are there rebates available for first time home buyers?

There is currently an $8000 tax credit to those who purchased a new house in 2009. However, this tax credit only applies to new home buyers, previous home buyers will not qualify for this credit.


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Yes, the credit is fully refundable. You will have to file a tax return to claim it, however.


What is the deadline to apply for 8000 tax credit for first time home buyers credit?

To qualify for the credit you have to purchase your home between January 1, 2009 and April 30th, 2010. You can still qualify for the credit if you purchase your home after April 30th but before June 30th, 2010 as long as you have a legal contract binding you to the sale before April 30th, 2010.


Do I qualify for a Home Depot Credit Card?

You can qualify for a home depot credit card it really depends on your credit card and your credit history which they will run before they give you the card


What is first time home buyers credit?

First time home buyer's credit will not prevent you from getting a home loan. This credit is intended to help first time home buyers. You can check with your lending company to get more information.


How can someone qualify for a home equity loan?

Persons can qualify for a home equity line of credit by mainting good credit history, having job income, and managing their indebtedness. Shopping around when you have less than perfect credit can payoff, as different lenders may have less stringent credit history requirements.


Do first time home buyers receive any tax credits?

Yes, there is an $8,000 tax credit for first time home owners, provided the qualify. This would be found out as they go through the loan process.


How does one qualify for a HUD Home Owner Loan?

To qualify for a HUD Home Owner Loan, one needs to have a clear or acceptable credit. You have to visit a bank and ask them if you qualify for the HUD Home Owner Loan, or you can contact a credit repair agency and they will tell you if your credit score will enable you to qualify for a HUD Home Owner Loan.


Can you obtain a home equity loan on a family home that does not have a mortgage?

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Can someone get a pre-approved home loan with a credit score of 687?

In most cases yes...FHA, VA (if you qualify) and conventional loans should have no problem with that credit score...


Why would someone need an equity line of credit?

Equity line of credit is typically used in reference to a home loan. The amount of money paid into your home is your equity. With a home equity line of credit, it acts like a credit card. One may need it if they can not qualify for a credit card, or a higher credit limit on their cards.