$8000, Going Once, Going Twice, Sold!

I cannot stress enough how quickly 12/1/09 is approaching. It will be here before you know it and just like that, the $8000 Tax Credit will be gone. If you are looking to purchase a home and qualify for this money, act now. Today is 9/17/09. It takes longer than you think to buy a home, unless of course you are paying cash. There are many obstacles that go along with getting financing these days that can drag the whole process out. In my personal experience, the appraisal has been the biggest issue. I have found that once the lender receives the appraisal, they then order a desk review of it, then if any questions arise they require a second appraisal be done, then order a desk review on it. Appraisal issues have delayed closing for more than 30 days. It really is unbelievable.
There is less than 75 days before the program will expire. Interest rates are so low and there are so many amazing deals to choose from. This is the best buyers markets we have ever had, and getting the $8000 is icing on the cake. I would be doing everything in my power to buy a home before 12/1/09 if I qualified for the rebate. Do yourself a favor, contact a lender today and get qualified. Find out what you qualify for and how much your payment will be. Ask for a "Good Faith Estimate" so will will know how much to ask the seller to pay in closing costs. Once you know what you qualify for, find a Realtor and begin the search. There are so many good Realtors out there waiting to find you your dream home. It should take you 2 or 3 weeks to find the home of your dreams and then take 30 days to close. You still have time to get it done so don't delay. It would be horrible to find that dream home and then have something pop up to delay the closing and miss out on the $8000. There are no exceptions, you must own the home by 12/1/09 or you will not be eligible for the money.
Another thing I am doing to help people get the money is offering all my tenants the opportunity to buy the home they are renting. Thats right, if you like the home you are renting now, why don't you ask your landlord if you can buy it from them. We are offering owner financing to our tenants to make it as simple as possible for them to be a home owner and be able to take advantage of the $8000 Tax Credit. You might not even have to move to get the money! How good of a deal is that! You most likely will lower your monthly payment, not move, own a home and get paid $8000 by Uncle Sam. Sounds like a deal of a lifetime to me.
What are you waiitng for?