Because you are gambling away a lot of money! $8000 BIG BUCKS to be exact!
I don't get it! This is YOUR market! It's YOUR time to shine! With the massive inventory out there , the lowest interest rates in history and the $8000 tax credit just waiting to be snapped up, you would think that you would be in your new home right now celebrating 8000 bucks in your pocket! But, nope, your the gambling type...which is fine when you are losing 5 bucks a hand at the black jack table....
In fact, let's play a little real estate black jack for a minute....
You have placed your 8 Grand on the table, you've been dealt 20, dealer shows a 6 top card. GREAT Position to be in, then you decide to ask this question...
Brenda, are they gonna extend the $8000 tax credit past December 1st?
Let's see what the dealer has....Cool, he has 16. He has got to hit :o)! You know he's gonna bust and you have won....He takes a card, IT's A 5!!!! Darn it, Dealer has 21, you are out the $8000 bucks! And you bet it all on one hand and the HOUSE wins! No one wants that.
There has been no whisper of the tax credit being extended past the deadline of December 1st. Honestly, if they were going to do that, why would they even put a deadline on it? I can't say unequivocally no...but honestly...is that a safe bet?
You have an 11, (8 and 3), Dealer shows a face card
Brenda, do you think they will make a new proposal and offer MORE of a tax break next year? I want to wait for that.
You decide to double, (that is placing another bet of the same amount of money you have on the table and getting one more card). You get a 5, YUCK!!! Dealer has a 20! You lose! Some say you should ALWAYS double-down. Not my strategy because then the house gets TWICE your money. So...should you wait and see if you can double your money when the House has such a strong bet? Not a safe bet. It could happen, but why bank 8 Grand on it?
Enough real estate black jack for now. Losing all that money is wearing me out :o)! Buyers...if you want to beat the House this is what you need to do and do it quickly,
- Find a loan Officer and get approved
- Find aRealtor®, If you need a home in San Antonio, I would be happy to help :o)!
- Find the home of your Dreams.
- Close BEFORE December 1st, 2009
- Put up to $8000 in the BANK!!
BLACK JACK 21!!!
Thanks for Reading!
Brenda
If you are looking to Buy or Sell a Home in the San Antonio area, Call Me, The San Antonio House Medic, Helping you to Find Home!
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Reminder: buyers need to get moving fast because the transaction needs to be closed by then. Since so many transactions are taking 45 days to close, I'd say buyers have until no later than 10/1 to pick a property and get moving. Then . . . . Blackjack :-)