What we need to do is write a new contract dated April 29th … what???
Thanks to Richard for putting this out there...Beware of 'those people' that you know would try this.
You would think that this would be an anomaly, but with the June 30th deadline approaching more and more buyers that were not under contract by April 30th are getting the feeling that they are missing out on something.
After all, $8,000 is a lot of money to lose, and it may not seem fair that some buyers that are closing this month will get the credit and others will not. There is always that nagging and burning desire to try to figure out if there is a way to find a loophole.
And as much as we would like to help, the law is the law and we are bound by it. The Georgia Buyer’s Brokerage Agreement categorically declares that we will obey all laws.
If I had a time machine, we could go back and write the contract sooner. But since we don’t, we just have to reconcile the fact that there is no tax credit available, and there is no way around that.
There are however, some great values out there and it’s still a great time to buy a house, tax credit or not! And there may be just a little less competition for that perfect bargain that you have been seeking!
Note: In most cases, active duty military personnel have an additional year to obtain the tax credit. Consult a tax professional or CPA to see if you qualify.
All content, including text, original art, photographs and images, is the exclusive property of Coweta Fayette Real Estate, Inc., and may not be used without the expressed written permission of Coweta Fayette Real Estate Better Homes and Gardens Metro Brokers, Newnan Georgia. All information is believed to be accurate but is not warranted, Copyright 2003-2009. Richard Weisser REOS, E-Pro. licensed Auctioneer. 770-827-6225.
Learn more about Coweta County and Fayette County Georgia Real Estate, and to search the entire Georgia MLS for free with no registration required visit CowetaFayetteRealEstate.com! Photos of the Great Smoky Mountains National Park.Get the latest GA Foreclosure List Updated Daily! We Do HUD bids in Georgia! 770-827-6225
Comments(1)