Mortgage Blog

What I tell potential homebuyer's is this is an incredible opportunity, but its limits are nearing. If you live in the home 3 years the money is yours, but if you don't get the process moving you could lose this offer. Improved affordability has stimulated the home sales, but still many potential homebuyers don't know about the $8000 tax credit, its guidelines, and the home buying process. The closing must happen before Dec 1, 2009. The home buying process takes time before buyers get to the closing table. Homebuyers should think about signing a purchase agreement around Septembet, to early October to comfortably be within the tax credit deadline.