Sentences with phrase «homebuyer tax credit when»
Tax Tip # 8: If you claimed the First - Time Homebuyer Tax Credit when you bought the home, there are special rules that apply to the sale.
https://www.irs.com/ Not exact matches
Excluding November 2009, when demand was bolstered by the expiration of a federal government first - time homebuyer tax credit, sales last month were the strongest in more than eight years.
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According to the FHA mortgage credit analysis handbook 4155.1 REV - 5, 2 - 5 (B), a homebuyer with a tax lien is eligible for a FHA loan when, «the delinquent account is brought current, paid, otherwise satisfied, or a satisfactory repayment plan is made between the borrower and the Federal agency owed and is verified in writing.
RISMEDIA, November 11, 2009 — Like many first - time homebuyers across the country, Jen Bond and Matt Huisking were motivated to get off the sidelines and into the real estate market when the First - Time Homebuyer Tax Credit was enacted in early 2009.
In fact, the last time numbers were even close to this was in April 2010 when the federal homebuyer tax credit was set to expire.
«Some new - home sales that would have happened this March were likely pulled forward as a result of exceedingly good weather conditions across much of the country in February, when we recorded the quickest sales pace since the end of the homebuyer tax credit,» notes Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. «The bottom line is that builders in many markets are reporting more interest among prospective buyers, with the main sticking points for sales right now being access to credit for builders and buyers, and problems with obtaining accurate appraisals.»
Together with the revised December number, this is the best pace of single - family starts since April 2010, when the homebuyer tax credit was active.