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Ms. First time buyer you spent the last several months looking at homes, actually you pretty much went through the entire inventory within your price range; foreclosures, single family homes, and townhouses yet you never pulled the trigger.

The $8000 tax credit  for first time buyers was something you hoped to get; yes who doesn't like free money.  News flash for you , it is now mid September and based on how long it is taking to close on a home I would say you are right on the edge.

No more opportunity to delay, you have come to the end of road; so make it a top priority to pick out that property this week and just maybe you can close by November 30Th and benefit from the tax credit.

First Time Buyers

 

Jennifer Fivelsdal- Associate Broker- Keller Williams Realty Team - 845-758-6842- jennifer@jfivehomes.com  and www.jfivehomes.com   

I would love to assist you with your real estate needs. 

SEARCH FOR HOMES IN THE HUDSON VALLEY

Jennifer Fivelsdal - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com

www.jfivehomes.com or www.midhudsonhomevalue.com

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This post has been included in New York Real Estate News Dutchess County, NY Real Estate News
Post is included in group: 1st Time Buyers
Post is included in group: Hudson Valley Real Estate and Mortgage Professionals
Post is included in group: Realtors®

13 Comments on First Time Buyer so you like to live dangerously ? - Well now you are on the edge.

SEP
13
2009
256,186 Points 3 Featured Posts Outside Blog

Your post is absolutely true.  I'm closing loans in 30 days or less right now.  If your client is pre-approved with a big box bank, good luck.  I've instructed all of my agents to have 1st time buyers under contract before Nov 1st, or it is possible these folks will miss out on the tax credit.  I wrote a blog about this you might be interested in.  "Close 1 day late & does anyone smell a law suit" ;

You might want to look it up.  Great post!
11:46pm • #1

Lenders are taking longer. Anything less than 45 days from acceptance will take a miracle!
11:50pm • #2
SEP
14
2009
781,245 Points 71 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hopefully the $8000 tax credit will be extended. I am betting that it will given the uncertainty in many markets.
7:07am • #3
848,632 Points 153 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Nice easy way to present it Jen.
7:36am • #4
304,169 Points 15 Featured Posts Localism Sponsor Outside Blog

Hi Jennifer,
You are right on target, these people need to get moving!
9:05am • #5
923,653 Points 97 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Jennifer, on the edge is a good way of putting it.  I would say that they have about 30 days to find a property and start the loan process.  Anything later than that is taking a big risk.
6:42pm • #6
659,776 Points 112 Featured Posts Localism Sponsor Outside Blog Called Shot Master

Jennifer, great post, wonderful advice, and they need to get MOVING! 
8:07pm • #7
220,986 Points 7 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp

This should do it if nothing else did! 
9:47pm • #8
SEP
15
2009
890,123 Points 20 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Melissa - Yes there is much urgency.

John - I agree.

Bill I see NAR is working at this.

Missy - Thanks I was hoping the picture would make an impression.

Cynthia - Yes urgency should be top priority.

George in some case I would say even less than 30 days.

Andrea I would hate to see some one miss out on this golden opportunity.

Diane - Thank you.
11:23pm • #9
SEP
16
2009
1,007,321 Points 208 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Hi Jennifer!  Right ON!  Great idea as the time is drawing to a close and this deal is just too good to pass up!

Have a wonderful Wednesday...

Debe in Charlotte
12:09am • #10
704,434 Points 38 Featured Posts Called Shot Master

Jennifer - When I think of the first time buyers of today, I think of the old song, "It's Now or Never."  With the tax credit, the low interest rates, great prices, and good inventory, WHY are they sitting on the fence!
10:45am • #11
SEP
17
2009
279,118 Points 1 Featured Post Localism Sponsor Hit Router Attended Rain Camp

Hi Jennifer ~ Well put. I have a few first time buyers scrambling now.  
7:59am • #12
SEP
18
2009
890,123 Points 20 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Debe - There is a talk of extension, I am sure that would be good for those who can't make this deadline.

Mryl - I don't know why they are still on the fence.

Monique - I hope the make it.
9:19pm • #13

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Jennifer Fivelsdal Rhinebeck Real Estate (Serving Dutchess| Columbia|Ulster Ctys

Rhinebeck, NY

More about me…

LIC. R.E. Broker JFIVE Home Realty LLC

Address: 162 Deer Run Road, Red Hook, NY, 12571

Office Phone: (845) 758-6842

Cell Phone: (845) 594-9947

Email Me

This will be a source of information on the Mid-Hudson Valley and real estate related topics. Please call me at 845-758-6842 or visit http://www.jfivehomes.com


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