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Don't Wait To Long On The Tax Credit !!

By
Real Estate Agent with Keller Williams Group One, Inc.

We are hearing of buyers wanting to wait until the very end of April to find that perfect home and get in just under the wire for the tax credit. My ongoing concern is that those buyers that wait until right before the contract deadline to find the home may be in trouble, WHY ?? What if they just get into contract say April 29th, then order inspection & appraisal and they are feeling great about the $8,000 coming their way, no worries Right? WRONG ! If it does not appraise, does not pass inspections etc. etc., they loose the home and the credit ! My advice- Find that great deal NOW.   

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Frank Castaldini
Compass - San Francisco, CA
Realtor - Homes for Sale in San Francisco

Anyone waiting could shut themselves out.  If something goes wrong with a deal and the deadline passes they will have lost the credit.  Now worth taking a chance, I don't think.

Mar 17, 2010 10:39 AM