I am only human...I put off many things that I don't like to do...laundry, filing and sometimes thank you cards. This past summer I was able to help a few 1st time homeowners close on homes before the original homeowners credit was extended.
With the current extension we will again have many homeowners put it off until there are only a couple of months left to get that contract signed and approved by April 30, 2010 and closed by June 30, 2010.
Looking for a home can be a challenging event in the best of times. If it's your first, the whole process can be intimidating and confusing. New terms, more paperwork, time involved in narrowing down your choices, finding someone to trust that will help you through what looks like a labyrinth.
So start your search early. Find a real estate agent that you are comfortable with. Everyone has a different style of working and a personality that may or may not match with your own. Get pre-approved for a mortgage so you don't waste your time looking at homes you can't afford.
Make a list of what you really must have vs. what would be nice but not necessary. Now, get set, and start your search! Yes, now, not tomorrow. Sure the holidays are here. Take advantage of the time.
Sellers are not expecting offers. Sellers may be more inclined to negotiate. You have less competition for some of the homes. You might also take advantage of a "short sale". These take extra time but are great ways to buy a home in decent condition under market price.
Don't wait until 2010, don't put off what you can do today until tomorrow...the clock is ticking.