Jul
23
Time ticking away on $8000 First-time Homebuyer Tax Credit
Posted by Stacey McCarthy under For Buyers, General Information
Today is July 23. If you want to buy a home and still qualify for the $8000 First-time Buyer Tax Credit start looking today. Not next week, not next month. Today.
Why? One reason is lenders need an additional 15 to 30 days to close loans since lending rules have changed.
Here’s the gist:It may take you longer than two months to find the home you like and negotiate a fair price. Then it will take an additional two months to get to settlement. If you wait to long to start looking, you may either:
1. End up settling for something you didn’t want or a price you didn’t want.
2. Not make the December 1, 2009 deadline for settlement.
As of today, there’s only 4 months and one week left!!!!!
So get going! Search for homes for sale online by map
Information about the $8000 First-time Buyer Tax Credit 2009
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