If that co-buyer hasn't owned any property in their name in the past 3 years, then yes that person would qualify for the first-time home buyer programs such as the tax credit.
My question to you is, have you owned any property in your name in the past 3 years??
(215) 669-0589 Direct
(215) 358-1100 Office ask for Renee
To receive the $8,000 tax credit, you need to close by November 30. Since the typical waiting period is 60 days between the signed agreement of sale and the closing date, you should start looking soon!
I work with a mortgage consultant who is very easy going and great to work with. If you would like to know more, call, email or text me & I'd be happy to put you in touch with him. I live in Langhorne, so I am very aware of the local homes available.
Best of Luck,