Tuesday, August 11, 2009

Time Is Running Out!!


If you or someone you know have been considering purchasing a home and taking advantage of the $8,000 First-Time Homebuyer Tax Credit, time is running out.

News reports state that buyers have until December 1st to make settlement, that is correct, however to settle by December 1st, you need to start the process much sooner. Most buyers look at an average of 10 to 15 homes before they find the perfect fit. Once you write an offer it then takes time to negotiate a fair price, have home inspections, and start the loan process. All of this combined could take up to 3 weeks. Lenders generally need a minimum of 30 days to get the mortgage in place. What this boils down to is, you really need to start the process by September at the latest, so you have adequate time to find a home and settle on it before the December 1st deadline.

Local Real Estate market conditions make this the perfect time for you or someone you know to purchase a home. Home prices are low and so are interest rates.

As an added incentive the Barb Silcox Team is offering and additional $250.00 cash back to buyers at settlement that want to take advantage of these great opportunities. Add this to the $8,000 gift from Uncle Sam, plus the low prices and interest rates, make this an outstanding opportunity to become a homeowner.

Our services to you as a buyer cost absolutely nothing, give us a call so we can schedule a time to get you started.

If you know of anyone who is considering purchasing a home, have them give us a call at 215-738-6606 or 215-757-6100 x 176. They can also email us at Barb@SilcoxTeam.com. Visit our website at http://www.ourdreamhomes.net/.