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First time home buyer credit

Posted on: 02nd Jul, 2013 12:33 am
I qualified and got first time home buyer credit when I purchased my home. I received a letter at that time stating that I will have to live in that property for 3 years or I will have to pay back the credit. Do I have to wait for full 3 years or until the first of the month?
Hi Guest,

You will have to wait for full 3 years after the closing of your first time home loan.

Take care
Posted on: 02nd Jul, 2013 12:58 am
Hi Guest,

Yes, as Sara said, you will have to wait for full 3 years. Just waiting till the first of the month won't satisfy the clause.

Thanks
Posted on: 02nd Jul, 2013 07:51 pm
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