Considering Buying a home in NW Indiana to take advantage of the 1st Time Home Buyer tax credit ?
Did you know this ? ......
By law, your loan cannot be completed and funded until the 8th day after your application for your mortgage has been completed and executed. Taking into consideration Sundays and Holidays (that are excluded from the 8 day count), the last day upon which your Purchase Agreement and mortgage application can be completed is November 19, 2009.
That means it's crunch time!
Factor in the time to shop for a home and put together an offer ( which may go back n forth in negotiations, schedule and respond to inspections, appraisals, titlework, etc...)
Combine that with busy closing schedules by both lenders and title company's expected the last week of Novemeber.
Now's the time to look or risk the loss of this tax credit opportunity!
(It's not certain at the time of writing this post that the deadline for this tax credit will be extended by congress.)
Call us today for any questions or concerns!
We look forward to serving you.
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