Comments on: November 30th Deadline on 2009 Tax Credit for Buyers: What does it mean for Home Sellers? http://www.getrealtacoma.com/2009/08/november-30th-deadline-on-2009-tax-credit-for-buyers-what-does-it-mean-for-home-sellers/?utm_source=rss&utm_medium=rss&utm_campaign=november-30th-deadline-on-2009-tax-credit-for-buyers-what-does-it-mean-for-home-sellers Keeping it Real about Tacoma Real Estate Tue, 13 Dec 2011 20:07:12 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Marguerite http://www.getrealtacoma.com/2009/08/november-30th-deadline-on-2009-tax-credit-for-buyers-what-does-it-mean-for-home-sellers/#comment-2697 Marguerite Sun, 13 Sep 2009 18:16:43 +0000 http://www.getrealtacoma.com/?p=770#comment-2697 Typically FHA loans take 30 days to close. You want to double check with the lender that prequalified you to make sure they don't have any special time frames they have to do. For example, I had a client tell me her lender told her they couldn't do FHA in fewer than 60 days. This is pretty unusual. I had two clients go FHA in August and one of the loans took 30 days and the other took 20. If I was you I would try to have something under contract by November 1st at the absolute latest. Remember- a LOT of people are going to be rushing to take advantage of the credit at the last minute- so if you can get ahead of that curve- all the better! Feel free to call or email me if you have any questions. Typically FHA loans take 30 days to close. You want to double check with the lender that prequalified you to make sure they don’t have any special time frames they have to do.

For example, I had a client tell me her lender told her they couldn’t do FHA in fewer than 60 days. This is pretty unusual.

I had two clients go FHA in August and one of the loans took 30 days and the other took 20.

If I was you I would try to have something under contract by November 1st at the absolute latest. Remember- a LOT of people are going to be rushing to take advantage of the credit at the last minute- so if you can get ahead of that curve- all the better! Feel free to call or email me if you have any questions.

]]> By: Janet Crites http://www.getrealtacoma.com/2009/08/november-30th-deadline-on-2009-tax-credit-for-buyers-what-does-it-mean-for-home-sellers/#comment-2696 Janet Crites Sun, 13 Sep 2009 00:51:08 +0000 http://www.getrealtacoma.com/?p=770#comment-2696 When do you think you would have to have the sale started by to be complete by Nov. 30th. FHA loan 25% down. first time buyer? When do you think you would have to have the sale started by to be complete by Nov. 30th.

FHA loan 25% down. first time buyer?

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