I just received word today from one of my bank lenders that this bank, along with many others, would be cutting off applications THIS FRIDAY, OCTOBER 23RD, for buyers wanting to take advantage of the 8k Homebuyer Credit being offered until November 30, 2009.
Most banks feel that in the current lending environment it takes 30-40 days to fund a loan and they do not want to be responsible for buyers attempting to rush a loan that will not close in time for the desired rebate.
Therefore, if you are not under contract by this Friday, many lenders will not work under the Nov 30th deadline and you will lose the $8,000! THERE IS STILL TIME THIS WEEK TO VIEW, WRITE, AND BUY ON AN ACCELERATED TIMELINE! MY TEAM IS PREPPED AND EDUCATED ON THE MARKET AND READY TO ASSIST.
See the blog post below I wrote in late September for more information, and get in contact with me ASAP this week!
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