Springtime Homebuyers Start Early

I think this was a given in most people’s minds since the homebuyer tax credit is only good if you under contract by April 30th and close by June 30th.  And they should be out now especially with interest rates as low as they are which in my opinion is more important than the tax credit.  The tax credit is just a bonus. 

I am glad someone else is talking about how long you should give in order to close on a home.  It should always be at least 30 days.  “The average time it takes to get a home loan processed is about eight weeks now — two weeks more than it used to be, according to the National Association of Realtors.”

http://www.usatoday.com/money/economy/housing/2010-01-19-spring-home-buyers_N.htm?csp=usat.me