[quote=PKMAN]Am I eligible as first-time homebuyer?
I sold my home in May of 2004 and have been overseas ever since. Now I’m coming back and will be buying a home with estimated escrow date of mid/late March. This makes me a non-homeowner for nearly 5 years. I wonder if thus I can be considered a first-time buyer?[/quote]
Yes. The test is 3 years of non-home ownership.
However, the amendments added recently remove the “first time buyer” provisions, so it applies to all home purchases.
