tax credit: My Tax Credit Experiment - 05/26/10 04:45 AM
The First Time Home Buyer Tax Credit may be a thing of the past, but just in case the opportunity miraculously reappears, here's a true story you may want to keep in mind:
Several months ago when Jane and Bill told me they are planning to relocate closer to Bill's workplace, we had "The Timing Conversation". In a market as challenging as ours, timing is no less important than price and condition, and when you add a Tax Credit deadline to the mix- time is truly of the essence. But Jane raised some concerns about putting the property on the market … (48 comments)

tax credit: $8000 Tax Credit EXPIRES 12/1/09! - 08/13/09 06:56 AM
$8000 Tax Credit EXPIRES 12/1/09
First Time Home Buyer:
Did you know the $8000 government incentive program is just about over? On paper it seems like there is plenty of time, more than 3 months.  But the reality is transactions are taking longer to process these days and can easily linger for 45 days or more, when factoring in the new appraisal laws and tightening underwriting standards.
That means you have a month and half to search and find a house and get an agreement on it... Doesn't sound like plenty of time anymore, does it?
CLICK HERE to start your journey to smart homeownership!
 
                                             
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Odelia Aminov

Elkins Park, PA

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Keller Williams Real Estate

Office: (215) 657-8100

Mobile: (215) 360-7573



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