The $8,000 First-Time Buyer Tax Credit is the opportunity of a lifetime for anyone thinking about buying a home.Coupled with plenty of homes from which to choose, low interest rates, and affordable prices, NOW is definitely the time to buy.
If you are thinking about becoming a homeowner and taking advantage of this opportunity, time is running out!In order to qualify for the credit, you must settle on a home by December 1, 2009.
It takes most people at least one month to find a home and 45 to 60 days to get a loan and settle on the property.Considering that from the start of house hunting to settlement day it takes most people at least 3 months – if you are thinking about buying a home and taking advantage of the tax credit, you should begin your home search today and plan to have a contract on a home no later than September, so that the lender will have adequate time to process your loan in advance of the December 1st deadline.
Learn the homebuying process by attending our FREE Homebuying Seminar and leave the seminar with a FREE pre-approval letter in hand.
Wishing you sunshine everyday and the home of your dreams,
Jeri