Time is running out for first time home buyer tax credit.

The first time home buyer tax credit program is ending soon. In order to qualify, one of the conditions is that the purchase of the home is closed by November 30, 2009. At a closing yesterday, the title closer reminded me that Thanksgiving falls in the last week of November this year. This means that closings will need to take place in the third week of the month, or on Monday, the 30th of November. Given the number of transactions that will likely be taking place, and the likelihodd of funds not arriving or some other closing issue arising, it would be a good idea to schedule a November closing earlier in the month.

Mike Weber

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