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The $8000.00 Federal Tax Credit for 1st time home buyers has done for the most part what it was suppose to, help boost housing sales in a lack luster housing market. With the expiration date of 11/30/09 on the horizon I am seeing last minute applications from 1st home buyers coming in at an alarming rate. Are we setting proper expectations with their buyers by informing them that due to the amount of incoming loan applications and current processing times, there is a chance that they may not be able to close their 1st time home buyers loan by the deadline...or
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