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Monday, October 12, 2009

The clock is ticking on the first time home buyer program….

The first time home buyer program which provides up to an $8,000 tax credit for first time home buyers (including folks who have not owned a home in the past three years) ends November 30, 2009.

That means the deal must be done….closed on that date at the latest.

Typical closings take about 30 to 45 days.

I have seen some “typical” deals take a couple of months to close. So, if you intend to take advantage of the first time buyer program – act now!

I did read last week that the U.S. House of Representatives had voted overwhelmingly to extend a first-time home buyers' tax credit for overseas military members through November 30, 2010.

For information on the buying process, give me a call at 321-693-3850 or email

Gary L. Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region. Whether your interest lies in a 55+ community, a golf course community or water front, give me a call!

Read my blog Florida Homes for Sale.

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