Were You a First Time Homebuyer in 2009?

Were you a first-time homebuyer in 2009?  When you get around to doing your taxes this Spring, do you know what IRS will need from you in order to get your tax credit? 

According to the IRS website,  there are five items you need to have in order to verify the details of your home purchase for the purpose of getting your tax credit.  They are:

• A copy of the final closing contract (HUD-1 Statement)
• A copy of your most recent monthly mortgage statement 
• If the home was newly constructed, a copy of the occupancy permit

Plus two of the following four items:

• Copy of your current drivers license showing home address
• Copy of a recent pay statement showing your name and home address
• Copy of a recent bank statement showing your name and home address
• Copy of a current auto registration showing your name and home address

So, get your records in order, homebuyers, and enjoy the one-time benefit you are receiving.  And, welcome to the club of home-OWNERS!