First time buyers are a large portion of the market pool, particularly since the federal government initiated an $8000 tax credit for first time home buyers. Unfortunately, that program ends on November 30th and it is uncertain that the program will be extended.
If you are a first time home buyer, which by the program's definition is that you have not owned a home within the past three years, you need to take action right now. Here's why: your home purchase must close escrow by 11/30! Since most escrows that upwards of 45 days to close after there is written agreement for the sale between the buyer and seller, you have just a couple of weeks to find and buy a property. Later may well be too late!
Please call us at 661-290-3750 today so that we can get started!
Wednesday, September 16, 2009
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