http://www.allmandandlee.com/bankruptcy_blog/chapter_7_bankruptcy/bankruptcy-benefits-whats-in-it-for-me/ Bankruptcy Attorney Reed Allmand Wed, 03 Feb 2010 13:22:05 -0600 http://wordpress.org/?v=abc hourly 1 http://www.allmandandlee.com/bankruptcy_blog/chapter_7_bankruptcy/bankruptcy-benefits-whats-in-it-for-me/comment-page-1/#comment-2464 Jacob Decker Mon, 31 Aug 2009 02:34:27 +0000 http://www.allmandandlee.com/bankruptcy_blog/?p=2256#comment-2464 the "first time home buyers tax credit" is actually available to all persons buying a house that have not been "homeowners" for the past three years. Also, the tax credit is not $8,000 but is either 10% of the purchase price or $8,000. However, what is certain is that time is running out for "first time homebuyers" whether you are a homebuyer that has never onwed a home or a homebuyer that has not owned a home in the past 3 years. One thing is for certain however, if you qualify as a "first time homebuyer" then you should act quickly because time is running out. It takes at least 60 days to close on a house and you have to complete the purchase before Dec. 31, 2009. the “first time home buyers tax credit” is actually available to all persons buying a house that have not been “homeowners” for the past three years. Also, the tax credit is not $8,000 but is either 10% of the purchase price or $8,000. However, what is certain is that time is running out for “first time homebuyers” whether you are a homebuyer that has never onwed a home or a homebuyer that has not owned a home in the past 3 years. One thing is for certain however, if you qualify as a “first time homebuyer” then you should act quickly because time is running out. It takes at least 60 days to close on a house and you have to complete the purchase before Dec. 31, 2009.

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