$8000 San Antonio Buyer Tax Credit Deadline Looms
Posted by Randy Kelley on September 24, 2009
Folks, this is serious.
If you qualify for the up to $8000 tax credit for first time home buyers (including buyers not owning a home in the last 3 years), you’ve just about run out of the time needed to buy a resale home and there’s no way you’re going to have a new home constructed before the 30 November deadline.
In San Antonio, from start to finish, it takes the average first time home buyer about 8 weeks to do everything necessary to buy a home. There are only about 9 weeks left before 30 November, however, the Thanksgiving holiday is projected to rule out the last week in November as a closing week for anyone who hasn’t completed a home purchase contract by now. So, that leaves only 8 weeks to go for a process that usually takes 8 weeks.
Here’s the message. If you’re eligible, you’re going to lose your chance for the up to $8,000 federal tax credit if you don’t start seriously looking for a home right away.
You need to make your home search as efficient as possible. Call a lender and get mortgage loan prequalified. Seek out an experienced realty buyers agent to lead you through the process. Have your agent set up an automated MLS search that automatically E-mails you the freshest listings matching your needs. If a listing looks interested, don’t wait. Ask your agent to set up a viewing for you right away.
Our SanAntonioHomeQuest.com Realty Solutions Team is ready to help. We are Stephanie and Randy Kelley, Keller Williams Legacy. Call us at (210) 863-2661 or (210) 867-8743. E-mail us at swkrealtor@aol.com or kelleybus@aol.com.
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