If You Are A Home Buyer in 2010!

It's Hard to believe but here we are at the end of February.

If you are a first time home buyer and expecting to take advantage of the $8,000 First Time Home Buyer Tax Credit, the deadline time is approaching. In order to qualify for the tax credit, you must have property under contract by April 30th.

Oh...that's easy, you say.

Well, maybe and maybe not.

You'll probably be fine if you expect to purchase a traditional re-sale property. However, if you have your sights on purchasing a foreclosure, short sale or HUD home, you may be cutting yourself short on time. These days the foreclosing banks typically take longer to accept or reject offers on their properties. It could be a very stressful time waiting for a bank to confirm your offer.

Whether you are a 1st timer, or you've been around the block a few times and ready for your 2nd, 3rd or even 4th home, I look forward to guiding you throughout the process.

Call me anytime at 770-399-8108 or e-mail me at sara.hibbard@metrobrokers.com. I'm Glad Georgia Real Estate is on Your Mind! -- Sara Hibbard