Time is Running Out!

The First-Time Homebuyer Tax Credit & Repeat Buyer Tax Credit end soon!

Both tax credits are set to expire June 30, 2010 (the signed contract must be in place on or before April 30th).  At this time, it is highly unlikely that these credits will be extended again.  If you want to take advantage of the $8000 First-Time or $6500 Repeat Buyer credits, you have to act now!

1. Speak with a lender.  Find out what you qualify for.  
   - The lending process can take longer now that it did a few years ago, your lender may need more time and more information to get your loan approved. 

2. Find a RealtorŪ.
   - Click here to view our agents' profiles.

3. Start looking.
   - Your Realtor will help you find homes that fit your needs and budget.  Some times the process happens quickly, some times it may take longer to find the right home. 

4. Make an offer.  
   - You and your RealtorŪ will submit an offer to the seller.  Keep in mind, if you are making an offer on a short sale or foreclosure, getting a response can be a lengthy process. 

5. Close by June 30th.
   - If the offer is accepted get ready to close.  You must have a signed contract by April 30th and close no later than June 30th!

6. Speak with a tax professional.
   - You may be able to file the credit with your 2009 tax return.  Speak with a tax expert about your specific situation.

You must act now if you want to take advantage of these tax credits!

Want more information? 
Click here to visit our Buyers page.  
Click here to find a Sears Real Estate agent.

 


Both credits expire
April 30th 2010!

 

 

 

By: SearsRealEstate | In: Buyers | Comments: 0 | On: 03/08/2010 10:39:04

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