Homebuyer Tax Credit: 70 days left
If you are interested in taking advantage of the homebuyer tax credit and buy a home in Northern Virginia, the clock is a-ticking. Seventy days to find your home sounds like a lot of time, but it will surely go by very quickly as you are competing with throngs of other buyers looking to cash in.
A word of caution: beware of writing offers on short sale listings. These transactions typically take 60 days or more to get to closing after you’ve ratified your contract. Keep in mind, you must close by June 30 to receive the credit. If you get under contract right at the deadline of April 30, you’ve only allowed yourself 61 days to get your deal closed.
If you or someone you know would like to buy a home in Northern Virginia, contact me anytime at 703-403-0536 / patrick@patrickduffyrealtor.com.
