The clock reads 10:45pm if you want to receive the First time Home Buyers tax credit

Bob Zacharias on Aug 12th 2009

Here’s a link to a 9News article about the FirstTime Home Buyers tax credit program entering into it’s sunset period. Seriously, I have not heard ANY talk in professional real estate circles about Congress extending this program. Stimulus programs up to this point have been highly targeted. There is no expectation at this point that this program will continue after November of this year.

So, if you want your tax credit, you need to be acting NOW! And if you are shopping for pre-foreclosure short sales, you would be well advised to look at traditional sales instead. There is no – repeat NO – guarantee that you could write an offer on a short sale today and have it close by November 30.

Using a professional real estate broker to assist you in the role of a Buyer’s agent is highly advised in this transitional time.

9News article on the $8000 tax credit

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