Brigita's Blog: Homebuyer Tax Credit - Understand the Deadline!!

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Homebuyer Tax Credit - Understand the Deadline!!

 

First Time Home Buyer Tax Credit 
 
July 29, 2009


  Sale Must Close by November 30, 2009 to Qualify 

 

$8,000 First Time Homebuyer Tax Credit  

A reminder that the deadline for qualified first time homebuyers to receive the $8,000 tax credit is November 30, 2009.  Most importantly, the property sale must close by this date in order to qualify.  If settlement occurs after November 30th, the first time homebuyer will not qualify for the tax credit. 
 
With appraisal requests and mortgage approvals sometimes taking longer than normal in the current market, I want to make you aware that the deadline to qualify for the tax credit is quickly approaching.  The deadline is only four months away!  (63 days as of today to get the home under agreement allowing 60 days for inspections, mortgage approvals, bank appraisals, etc.) 

Contact me or a REALTOR in your area for more information, or, if you, or if you know of someone, that can take advantage of the tax credit before it is too late!

Time is of the essence.

 

Don't wait until the last minute!  We want to help you take advantage of this tax credit!
 

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