If I purchase a home through Owner Finance, am I still qualified for the 2009 tax credit? | All About Money Online

My boyfriend is wanting to purchase a home from a builder friend of his through owner finance. There will be a written contract signed by an attorney and everything. He just wants to know if he will still quailfy for the First- Time Home Buyers Tax Credit for 2009 if he makes the purchase this way.

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Ilya_Perevalov
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