Time Is Short!!!

Those of you who are 1st time home buyers looking to take advantage of the $8000 tax credit just barely have enough time to make an offer on a property and get it to close on or before the November 30th deadline. What most people don’t realize that it is taking longer to get funding approved through a lender in this current market. We used to schedule closing dates 30 days out from contract acceptance but now the best case is usually 45 days and that is for loans that are pretty “clean” or problem free.
For the rest of you (not 1st timers) out there however this is still very much a buyer’s market. Almost record low interest rates coupled with abundant inventory at rock bottom pricing, well it doesn’t get much better than this.