Friday, August 28, 2009

Don't miss out on the tax credit

August 28 already. Back to school time is here. Labor Day is just around the corner. How quickly this year has flown. Four more months left in the year.

Three more months before the $8000 first time home buyers tax credit expires.

Three months. That is about 90 days. 95 days including today to be specific.

Are you or someone you know hoping to take advantage of this tax credit? Time is running out. You must close on a home on or before November 30, 2009 in order to claim this credit.

Considering that the average closing happens about 30-45 days after an offer is accepted, there is not a lot of time left to find the perfect first home. If you are writing an offer on a short sale home, it can easily take 60-90 days to close, sometimes more.

Now is the time to be looking for your home if you want to take advantage of this offer. There are great homes out there, and with inventory very high right now, local sellers are willing to negotiate considerably more than they ever have in the past.

Give me or Luis a call if you are thinking of looking for a home. We will be happy to show you what is currently available in the area, and we can help you connect with a reputable mortgage banker who can help you figure out what you can afford in a home. Our market has houses from under $75K to hundreds of thousands, and everything in between. People start at all price points, and each buyer is valuable to us.

95 days and counting. Don't miss out on this credit; call us.

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