: The IRS required every claimant to file a paper return and attach Form 5405 along with a settlement statement to prevent fraud.
: They had to sign a binding contract by April 30, 2010 , and originally close by June 30, though this was later extended to September 30, 2010 . long time homebuyer credit 2010
: They had to prove they owned and used the same home as their principal residence for any consecutive 5-year period during the 8 years leading up to their new purchase. : The IRS required every claimant to file
: The credit was only available for homes priced under $800,000 . and originally close by June 30