Let's Talk About It

Tax credit opportunity is winding down
October 6th, 2009 12:12 AM

First time buyers, if you are not under contract by Oct. 15, chances are good you will not close your loan in time to take advantage of the tax credit. Call or email me to act quickly to find your home now.

It is taking 6 weeks to get from an accpted contract to the closing table right now. Don't count on Congress extending this credit.


Posted by Gary Morris on October 6th, 2009 12:12 AMPost a Comment (0)

It is a gamble
October 20th, 2009 2:57 PM

It is a gamble now if you are a first time home buyer and want to take advantage of the tax credit.

Most mortgage lenders will be swamped with loans and can only work through them so fast. What normally would take 4 weeks or so, may now take 6 weeks or more to get closed.

If you still want to try to buy a home and close in time for the tax credit, contact me immediately and I will do all I can to help get a loan closed, but no promises.


Posted by Gary Morris on October 20th, 2009 2:57 PMPost a Comment (0)

Time is of the essence
October 13th, 2009 10:22 AM

If you are a first time homebuyer that is planning to take advantage of the tax credit, time is running very short.

You need to plan for 4 to 6 weeks to go from an accepted purchase agreement to the closing table. You must close by December 1 to be able to qualify for the credit.

Call or email me if you have questions or to get moving on finding the right home.


Posted by Gary Morris on October 13th, 2009 10:22 AMPost a Comment (0)

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