Kirksville, MO - First time home buyer credit

Sami
Sami
Other/Just Looking
Jefferson City, MO

Several of the homes for sale in Kirksville are currently rented, with leases into 2010. If I want to receive the federal first time home buyer credit, would I not be able to consider these homes at all (since I would not be able to move in until some time in 2010)? Or are there any provisions for these special situations?

Thank you!

Thu Aug 13 2009, 14:52 - Home Buying in 63501 - 1 answer
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TRISHA LEE
TRISHA LEE
Agent
Columbia, MO
FIRST ANSWER

Sami -
You must actually purchase the property, close on it before December 1, 2009 and move in using it strictly as your primary residence so no, you would not be able to consider these homes UNLESS...the current owner, or renter would consider some kind of buy out of the existing lease. The rules are pretty clear about it being your primary residence and to date, there has been no talk of extending the deadline for purchase. Sorry but hope you'll be able to find a great home to purchase that doesn't have pesky renters.
Trisha Lee
REMAX Boone Realty, Columbia, MO
573-999-1000 TrishaLee@Remax.net

Web Reference: http://www.TalkToTrisha.com
Thu Aug 13 2009, 15:30
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