home buyer tax credit question

[Nine, Frau!]

Hi. I'm a little confused by the new home buyers tax credit. I sold my last house on 5/17/07. I lived there 10 years and have been living in an apartment since. Do I qualify for the $6500 tax credit if I'm under contract by the deadline in April?

Thanks

NF

[Rick Lee]

I think it's five of the last eight years, no? You should be ok.

[Nine, Frau!]

Thanks for the reply. I think I'm ok too, but I was hoping to have a tax pro chime in and lecture me a little.