Posted on: 08th Apr, 2009 11:12 am
i currently own a home in mine and my father's name. i am looking to refinance and want to replace my father with my husband on the mortgage. my husband has never owned property, would we qualify for the tax credit if he's the primary person on the loan?
How long ago did you purchase this house? Is it ur name? Are you on the mortgage?
no, he would not qualify. the program is for first-time homebuyers, and obtaining an ownership in a property by inheritance or by quit-claim from a family member is not allowable.
Ahh yes your correct george. I read it wrong on my iphone was rushing hehe. You cannot Inhieret property from relatives. Changing your dads name to your husbands will not change anything from what i have read. So no i dont think you will qualify for the tax credit. Sorry about that mistake george i mis read it.
Ahh yes your correct george. I read it wrong on my iphone was rushing hehe. You cannot Inhieret property from relatives. Changing your dads name to your husbands will not change anything from what i have read. So no i dont think you will qualify for the tax credit. Sorry about that mistake george i mis read it.