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October 12th 2009

Banks Need at Least Thirty Days to Close.

First time home buyer tax credit quickly coming  to an end.

I’m going to keep this brief and to the point. If you want to take advantage of the $8000 First Time Home Buyer Tax Credit you better move fast. Your time is running out very quickly.

I spoke to three trusted lending sources today and here’s the dellio. If you want to get your hands on the $8000 bucks – get a house under contract by November 1, 2009. Anything later, and you may just get an awesome deal with a great interest rate – but no tax credit.

Just for the record, my trusted sources were Investors Savings (Robert Bodor), Wells Fargo Home Mortgage (Michael Campanaro) and Virtue Funding (Edward Koster) — all fantastic mortgage people.

So get moving and find a home now. Click to see inventory.

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