First Time Home Buyer Tax Credit Ends November 30th
True, the primary topic of my blog was supposed to be commercial real estate, but since everyone lives somewhere, there are topics of interest concerning residential.
The big one right now is the home buyer tax credit. In today’s lending environment it can take 45-60 days to close so if you’re not in escrow by mid-month, you probably won’t close in time. Remember that you must close by November 30th. There is a six month extension under consideration in congress, but there’s no gaurantee that it will pass.
As I was cruising around on MSN a few minutes ago I ran across a real basic article with tips on getting in contract and getting closed by the 30th of November. I can see from Google Analytics that I have readers from all over the country so maybe this will be of assistance to some of you.
Need to rush your home purchase? Here’s how – MSN Real Estate