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Time is almost up.... How Much Time to you REALLY have to find a home??

By
Real Estate Broker/Owner with Your Choice Realty of NC 3020206

Below is clip from an email I sent to a prospect today in an effort to get them moving in a higher gear on their home purchase plans... you may find this useful.

I was speaking with another buyer today and we determined that we really only have about 45-55 days to find a home and get an approval (if it's a short sale - short sales take 30-60 days for approval) to ensure that we can close before the deadline of Dec 1 to lock in the $8000 home buyer tax credit.

Assuming you work 5 days a week, we are left with only 15-24 (non-work) days to find a home. 6 days in August and 9 days in September to find a short sale property. If we find a non-short sale property, we get 9 more days in Oct to work with. Closings typically take 30 days to complete, after all approvals and contracts are in place.

I won't bother you again with this, but I wanted you to benefit from the exercise I did earlier today with my other customer. We found it to be quite eye opening.

Feel free to modify and good selling!

 

Regards,

Phillip E. Jones, Broker/Owner

Your Choice Real Estate, Inc.

The Best Value in Real Estate!

151-18 College Drive

Orange Park, FL 32065

Phone: (904) 298-2679 Ext 501

Toll Free (888) 490-0671 Ext 501

Fax: (866) 923-9990

E-mail: pjones@ycre.net

www.ycre.net  - Double your money with our VIP Buyer Program, more details are on our website.

Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Smart post.  All too often buyers that are under a time deadline want to mess with short sales, and foreclosures,  They try to kick too many tires instead of concentrating on one really great opportunity.  When they wake up from their real estate induced coma, all too often they have missed the boat!

Aug 12, 2009 02:22 AM