$8,000 First Time Buyer Tax CreditPosted by Brett Tousley on Saturday, September 26th, 2009 at 9:58am.
The $8,000 first time buyer tax credit deadline is now looming large. Qualifying first time buyers wishing to take advantage of the credit will need to have their home closed by November 30th. If the current financing timelines continue, you'll want to get moving quickly.
Realistically, you'll want to have your new home under contract by the middle of October to have a stress free shot at closing by Nov 30th if you plan on using USDA 100% financing.
FHA and VA buyers don't have much more time. I anticipate financing timelines and competition to be more difficult in the coming weeks. We are already finding lenders, Realtors, Appraisers and Home Inspectors are filling their schedules quickly right now. If you really want to move forward, it's time to hire a buyer's broker and start looking at homes. Give me a call if you need some help 253-820-2745
Brett Tousley is the designated broker and owner of NW Home Brokers. He can be reached at 253-820-2745 or email@example.com