The $8,000 government issued tax credit is set to go away on November 30, 2009.  What does that mean to you?  Well if you're serious about taking advantage of it and you're contemplating using an FHA loan to do it, that means you better get cracking.  To be realistic, you'd have to thave an offer placed on a traditional transaction (meaning NO short sales, foreclosures or REO's as they take considerably longer) by approximately September 13, 2009.  That's two weeks from today!  Procrastinating any later than that could be a risky proposition, as you have Thanksgiving falling into that time frame, and you're bound to see a surge of activity right at the deadline as folks move their closings to squeeze in under the wire.  Attorneys and title companies most likely will be booked well in advance of the 11/30 deadline.

If you are looking for a traditional transaction that can close quickly in Naperville and it's move in ready - Consider this -

1116 Emerald - West Highlands, Naperville - Value Priced at $299,000!!!

This home is ideally located close to town, shopping and parks in highly sought after West Highlands of North Naperville.  Located in award winning, nationally recognized School Dist. 203.  In addition to great curb appeal, this lovely split offers a beautifully updated kitchen, boasting maple cabinets, SS appliances Corian countertops and a built in lighted china cabinet.  Handsome hardwood floor grace most of this home and new frieze carpeting warms the Family Room along with a lovely fireplace.  A concrete patio provides additional area for outdoor entertaining in the mature, private backyard that affords peaceful relaxation.  Don't miss the opportunity to call this home AND take advantage of the $8,000 tax credit.