Well, maybe a few days after Thanksgiving, but November 30th is coming up quicker than you might think if you’re in the market for a new home.
Debra, our amazing sales rep at Talavera (oh and fantastic brownie baker!), sent me a link to Trulia regarding the $8k Tax Credit from dear ol’ Uncle Sam.
Trulia states that if you are looking to purchase your first home, “you must be signed, sealed and delivered with escrow closed by November 30thâ€.  Considering that most home escrows take 30 days, and FHA is currently taking 60 days this could be a race to the finish.
Having recently purchased my first home, I know a check for $8,000 is going to be super helpful with repairs, and improvements (although, let’s be honest, it was my money to start with right? But I digress…).  And seriously, you will be cash poor after buying your first home, so ANY cash is good cash.
There’s more great information about the tax credit here and here.
Happy Friday!