Don’t Miss the Deadline

This is a reminder for would-be first-time homebuyers that to take advantage of the $8,000 tax credit. You need to close by November 30 of this year. That means home buyers need to make offers quickly to get the break. Mortgage lenders these days are not quick with approving loans.

Savings

Generally, buyers are given 30 days to get their financing, but in some cases the time has been lengthened to 45 days.

What it means for buyers is that you’re really starting to press up against the deadline. If you have to close by November 30 and it takes 45 days to get a loan, you need to start looking for a home by mid-October.

Since it’s already August, you have less than 90 days to find your new home.

For more valuable information please go to I Want to Buy my Home at the Bottom.

If you are looking for assistance in finding the perfect home in Hoboken, contact Eddie Perez at (201) 344-2886 or go to Hoboken Condo Expert.

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