March 11th, 2010 11:20 AM by Rob Robbins
The is a reminder! To qualify for the government tax credit you must have your home under contract by April 30th which is the first step. The property must close by June 30th, 2010.
Heads Up! Foreclosed and short sale properties take longer to close than normal closings. You need 30 to 90 days to close on these properties in general. Some will close more quickly with local banks being involved.
Don't miss this opportunity if you were planning on purchasing in the next 6 months for your primary residence. Do it now!
Rob
