Home Buying in Texas>Question Details

Deerob, Home Buyer in Texas

Can I qualify for the 8000 tax credit if I am owner financing? If so...how would I go about applying for it?

Asked by Deerob, Texas Tue May 5, 2009

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I would recommend asking a Loan Officer that can help you - if you need the names of a couple of REALLY successful ones - let me know and I will give you their names....
0 votes Thank Flag Link Wed May 27, 2009

i would consult your accountant for that information. the rule is that you cannot make more than $75,000 as a single or $150,000 as a couple, and you must close in 2009.

good luck!

0 votes Thank Flag Link Tue May 5, 2009

That's an excellent question and I'm actually pursing an answer on it now as I've had a couple of clients needing to go seller finance as well. Not too sure on the credit yet, but I'll get back to you soon!

God Bless,

Web Reference: http://www.eXposedHomes.com
0 votes Thank Flag Link Tue May 5, 2009
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