My New Blog

If you wait, it may be too late.

Dear Friends,

Just a quick note to let you know how I can help you or anyone you might introduce to me. You may have heard that the government has authorized a tax credit of up to $8000 to first-time home buyers. The law defines "first-time home buyer" as a buyer who has not owned a principal residence during the three-year period prior to the purchase.

What you may not know is that this offer expires on November 31, 2009. The buyer must purchase a home before that date. The government defines the purchase date as the date when the closing occurs and the title to the property transfers to the home owner.

The time of year when this offer expires falls right after the Thanksgiving weekend. Title Companies and Lenders take a 4 day weekend for the Thanksgiving Holiday. I would recommend 45 days for closing, from the date an offer is accepted to the closing date. My advice is to schedule the close on your home purchase for no later than November 25^th, 2009 to be on the safe side. So finding a home and submitting an offer by October 15^th at the latest would be a safe bet as long as no repairs or problems arise.

If you find a home after Oct. 15, I am not saying that it can't be done but your level of stress will increase. The time of procrastination is over, homes are available, rates are low, and the tax credit is calling you. Contact me at 616.836.2603 or susan@carinirealtors.com, today, so I can help you take advantage of this great tax Credit!.

P.S.: If you know of anyone who is struggling to make their mortgage payments, I can help them. I am a short sale listing and buying specialist as well as a
foreclosure specialist. Let me help relieve the stress.