Is there still really time to take advantage of the Homebuyer Tax Credit in the Raleigh, Cary, Durham, Chapel Hill, Garner, Mebane, Pittsboro and Hillsborough areas?
Yes. There really is still time. And no, this is not some advertising tactic.
The 2009 1st Time Homebuyer Tax Credit that was set to expire the end of November 2009 stated that the person needed to close on their property by the deadline. The Extended and Expanded Homebuyer Tax Credit simply says you must have a written binding contract to purchase a home in place by April 30, 2010. You have an additional 60 days (June 30, 2010) to close.
What does this mean? This means you have almost 16 days to find the home of your dreams, submit an offer and have it accepted by the seller. Then an additional 60 days to close on the home. This also means $6500 in your pocket if you have owned a home 5 consecutive years of the past 8 or $8000 if you are a 1st Time homebuyer.
Since it often takes around 45-60 days to find your home and close, this means you do really have time left to find the home of your dreams.
Need to get pre-approved for a home loan? There are some items and paper work you will want to go ahead and pull together. We have preferred lending managers in Raleigh, Cary, Durham, Chapel Hill, Garner, Mebane, Pittsboro and Hillsborough markets. You can contact any one of these great Towne Mortgage of the Carolinas lending managers today and get
the process started immediately.
Ready to start your home search ? You can start your search right now and contact one our CBHPW Trusted Advisors to help guide you through the process.
If you find a home and want to schedule an immediate showing, we can often arrange for one in as little as 90 minutes with our CBHPW Quick Response program for buyers.
So yes, there truly is still time, but it is going fast.
If you are looking to buy or sell real estate in the Raleigh, Durham, Chapel Hill, Carrboro, Pittsboro, Cary, Apex, Garner, Hillsborough, Holly Springs, Clayton, Zebulon, Wake Forest, Mebane or any of the Triangle surrounding communities, we are here to help. We are your Triangle Area Trusted Advisors in Real Estate. Please make sure to visit HPWtv and learn more about the various communities that make up the Triangle area.