Main Line Homes Blog

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Time flies to get the First Time Buyer Credit!

flying clock   Time is flying fast to obtain the First Time Buyer Credit. Whilst there is plenty of inventory many buyers are being demanding making low offers and asking for seller assists or not making any choice, overwhelmed at the selection of homes on the market.

But, if you think it through you have to act soon. Most settlements take 45 days to settle from offers being made. Yes they canbe done more quickly but with the recent problems with appraisers, and mortgage underwriters taking their time to give mortgage commitments you need to act soon.

The credit disappears unless renewed by congress November 30th. So don't lose that $8,000 that the government is willing to give you, don't let the door close on this opportunity.

We have a couple of good properties in Old forge Crossing that will qualify for First Time Buyer Credit and Old Forge Crossing is an FHA approved development.

 

If you are buying or selling on or around Tredyffrin Easttown or along the Main Line we can help you,  contact us or connect

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