Thanks for your question. Yes, you would qualify for $2400 Tax credit if all of the conditions are met. Most importantly this will be your primary and homesteaded property.

Don't think of it as help – A lot of REALTORS who were down on the tax credit from the beginning and the current government administration act like this is a hand-out. The fail to look at the tax credit as what it was intended for, a way to stimulate the economy. Now if everyone who got a tax credit simply took that money and buried it in a hole, or hid it under the mattress I agree that is not helping the economy. The intentions were to get people out and buy homes that were saturating the market, and for you to take that $2400,, or $8000 in most cases, and spend it at a Home Depot or Lowes improving that home, or at a furniture store, or to hire a licensed and insured contractor to paint the interior or exterior, or a roofer or whatever.

Don't think of it as “help” you obviously have done quite well to be able to put down the $10,000 down-payment. Get your tax credit and spend it! Because if you don't someone who really does not deserve or qualify a handout will. Just my opinion. If I can help in anyway don't hesitate to call.

Thanks for your question. Yes, you would qualify for $2400 Tax credit if all of the conditions are met. Most importantly this will be your primary and homesteaded property.

Don't think of it as help – A lot of REALTORS who were down on the tax credit from the beginning and the current government administration act like this is a hand-out. The fail to look at the tax credit as what it was intended for, a way to stimulate the economy. Now if everyone who got a tax credit simply took that money and buried it in a hole, or hid it under the mattress I agree that is not helping the economy. The intentions were to get people out and buy homes that were saturating the market, and for you to take that $2400,, or $8000 in most cases, and spend it at a Home Depot or Lowes improving that home, or at a furniture store, or to hire a licensed and insured contractor to paint the interior or exterior, or a roofer or whatever.

Don't think of it as “help” you obviously have done quite well to be able to put down the $10,000 down-payment. Get your tax credit and spend it! Because if you don't someone who really does not deserve or qualify a handout will. Just my opinion. If I can help in anyway don't hesitate to call.

Me and my husband purchased an acreage (with a house) on October 2009 for a 24,000 dollar price we gave a down payment of 10,000 and our final payment was given on April 2010 for 14,000 i was reading your info and notice that it said we can recieve 8,000 if the price was for 80,000 dollars or 10% if it was less. Does that mean that if we apply for the credit we only get 2,400 dollars. I really didn't want to apply for any help knowing that we got the lot for a great deal but people here and there we suggesting i ask about the credit. Can you please give me and suggestions on what i should do and if i should apply for the credit and if so if we do qualify for it.

Thanks

Thanks a lot for replying to my message, you give me hope that I can receive the tax credit. Ok I will do what you suggest and find a different tax place.I'm hoping for the best….GOD BLESS AND THANK YOU FOR YOUR TIME.

Thanks a lot for replying to my message, you give me hope that I can receive the tax credit. Ok I will do what you suggest and find a different tax place.I'm hoping for the best….GOD BLESS AND THANK YOU FOR YOUR TIME.