We own our trailer, but rent the land that it is on. When we go to look for a home are we considered first time home buyers? Please help! Any realtors out there who know this answer?
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Am I a first time home buyer?
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#1 Thu Jun 18, 2009 7:15 am
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#2 Thu Jun 18, 2009 10:00 am
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Yes you will be considered as first-time home buyer.
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#3 Thu Jun 18, 2009 7:30 pm
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Yes
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#4 Thu Jun 18, 2009 8:15 pm
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Janet is correct, you are not a first time buyer, your present home counts. There are no specific types of homes excluded.
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#5 Fri Jun 19, 2009 12:30 am
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No you will not qualify for credit. The law reads you may not have owned any principal residence in the last 3 years and it specifically states mobile homes are included as a principal residence.
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#6 Fri Jun 19, 2009 5:30 am
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No, mobile homes are considered homes and count for the credit, both with previous ownership and if you were to buy one as your first.
You are not a first time buyer as you own your home. |
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#7 Tue Aug 18, 2009 7:30 pm
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