If you or someone you know is intending to buy and take advantage of the $8,000 tax credit, they need to GET THE LEAD OUT!
The Economic Recovery and Reinvestment Act of 2009 was a nearly $800 billion economic stimulus package, including the $8,000 tax credit to new home buyers. BUT IT'S TEMPORARY.
The tax credit covers homes purchased between January 1 and November 30, 2009. THE HOMES HAVE TO CLOSE BY NOVEMBER 30. Given the other news laws in place for lenders, it could easily take FOUR weeks or longer for a loan to fund! DON'T PUT IT OFF! If you are intending to buy a new home this year to take advantage of this awesome program, you need to find your home and get the paperwork rolling NOW!
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