As you are probably aware, the $8000 tax credit for first time home buyers will be expiring on November 30,2009. Economists are currently evaluating the impact the credit has had on the economy, and will be making a recommendation to the President shortly.
Realtors, builders, not to mention first time home buyers feel this credit has had a positive impact on the economy. If you agree, please contact your congressman to weigh in on this important issue.....and perhaps be the benefactor of the $8000 credit!!!
To be sure, if you are considering purchasing a new home, the time to act is fast running out....with lenders now taking about 45 days for loan approval and closing, the 'sand is fast running out of the hour glass'!!
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