Can I take advantage of the first time home buyers on a home in foreclosure?
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January 31st, 2010 at 7:23 am
I answered yes to this 20 min ago.
February 1st, 2010 at 6:02 pm
Yes, you can. It makes no difference how you buy the home, as long as you buy it and qualify under other regards as a ‘first time homebuyer’. For further information, refer to IRS Form 5405 and its instructions.