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Only 34 business days left for the 1st time home buyer tax credit

October 8th, 2009 · No Comments · mortgages in michigan, tips for home buyers, Up to $8000 1st time home buyers tax credit

I dislike pressuring people, especially home buyers.  If you would ask my previous clients they’d be apt to say that I’ll talk them out of purchase rather than talk them in to one.

That being said, if you are thinking about buying a home solely to take advantage of the first time home buyers tax credit, you’d better get an offer to purchase accepted within the next few days.

There are only 34 business days left before the credit expires.  That isn’t a heck of alot of time for mortgage processing, inspections, time to set the closing date, etc.   Most lenders are warning people that they can’t promise that the loan will close in time, and I’m doing the same thing.  No promises.  We’ll try our best, but time is running out.

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