If you are hoping to take advantage of the First Time Homebuyers $8,000 Tax Credit you’d better get with it. Time is running short since the purchase must be completed by November 30th, 2009. Completed! That means everything done. Still curious about how the program works? Take a quick look at this video. It is a great, fun way to learn about the plan.
How much time do I have left to find a home?
In my opinion, if you do not have a fully signed purchase and sale agreement done by the middle of October you will not make it. This is cutting it as close as you can since a lot of purchases are taking 5 to 6 weeks to close in this current market. Basically you have a little over a month to find a home and get a successful deal negotiated if you want to get the extra $8,000 tax credit.
If you have any questions about this please feel free to shoot me a call, email or text message.