Homes For Sale Staten Island NY, Condominiums For Sale Staten Island,Staten Island NY Real Estate, Real Estate Tax Credit, Home Buyer Tax Credit

By
Real Estate Agent with RealEstateSINY.com
April 30th 2010 is around the corner. Many buyers are actively looking to find that dream home in time for the home buyer tax credit. Here are some last-minute home buyer tax credit tips. If you want to find a home and be in contract status on or before 04/30/10 you still have time but you must act quickly and be proactive throughout the transaction. The buyer must be in contract on or before 04/30/10. The term "in contract" means that the contract of sale must be signed by both parties, buyer and seller and a deposit from the buyer must be given and help in an escrow account and the closing of escrow must be in 60 days or less, in other words the buyer must close escrow on or before June 30th,2010 You must be up front with your Realtor and let your Realtor know exactly what you need and want so that you don't waste any time looking at homes that you can not afford or homes that do not fit your requirements. You must have your finances in order. In other words you should have a pre-qualification or pre-approval lined up prior to looking for homes. This way you know what you can spend and once you locate the home you love, you will be able to get through the process quickly in time for the home buyer tax credit. You should be aware of short sale homes. It is unfortunate that many homeowners experience hard ship and in need of obtaining a buyer to purchase their home. But If looking to use the home buyer tax credit you'd most likely want to stay away from short sale homes because they take longer to process and you may not be able to close by June 30th, 2010. You should also have your insurance lined up. Homeowners insurance may take a day or two to obtain, however some insurance companies may choose to deny curtain areas do to weather conditions. Stay on top of the transaction, be proactive. You don't wont to miss out on the home buyer tax credit because you run out of time. Search thousands of homes for sale What's my house worth? Homes For Sale Staten Island NY, Condominiums For Sale staten Island, Staten Island NY Real Estate, Real Estate Tax Credit, Home Buyer Tax Credit
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On Your Team.

Irena Popilevsky

NYS Licensed Real Estate Broker/Owner

RealEstateSINY.com

(917) 579-4455

www.irenapopilevsky.com

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