The clock is ticking toward the expiration date on the special $8,000 new home buyer credit currently offered as part of the government’s emergency economic stimulus legislation. Lets hope the provision is amended or renewed, you only have until the end of November to completely finalize their purchases of your New Home.
Keep in mind that the government and the IRS define first time home buyers in a broader sense. You may still be entitled to the tax perk even if you have already owned a home in your life or have bought and sold dozens of them.
That’s because the official definition of a first time buyer is one who has not owned or co-owned their principle residence during the past three consecutive years.
The time it takes typically to get from point a to point b is about 30 to 45 days. And that is only if they are buying a home that is not a short sale.
So contact Linda Wieczorek, lesbian real estate agents your real estate marketplace for the LGBT community.
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