The Federal tax credit has proved to be extremely popular already, since taking advantage of it is cited by 10.8% of the buyers as the most important reason for purchasing a home, according to a recent study. In fact, approximately 1.14 million buyers have already filed for the credit. Many more are expected to file for the credit when income taxes are due in April 2010.
On average, first-time buyers search for 12 weeks to find a home, while closing can take between 30 to 60 days depending on the lender or issues with the property, appraisal, etc. So, it is going to be a challenge for the buyers who are just beginning the process. Smart buyers though, can make extensive use of our website to narrow down their choices, work with one of our extremely experienced real estate Professionals and use our preferred lender Netcentral Mortgage so that they can make sure the purchase closes on time.
Every investor must start-up a plan before heading up on buying a property. Learning the basics of real estate is essential rather than visualizing the money aspect. Listen to skilled professionals like bankers, estate agents, home inspectors, etc., they most likely know the latest trend.
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