First-Time Homebuyers: Why You Really Ought To Reconsider The Deadline For The $8,000 Tax Credit

The widget on the front page of 60646 Blog indicates that the deadline for the $8,000 first-time home buyer credit expires on November 30, 2009. While that’s true technically, mortgage broker Dan Green throws us a curveball with this post, opening our eyes as to why postponing, delaying, or, *gasp* procrastinating the closing of your first home purchase until November 30, 2009 might be fraught with a variety of pitfalls. Here’s the thing: Generally, I don’t like to pimp promote any mortgage broker’s business on 60646 Blog, but anyone who has the foresight to alert the home-buying public about potential scheduling conflicts that may arise in conjunction with an important tax date, deserves to be a recommended read on my blog. Having said that, I recommend that you take a couple of minutes to read “Forget November 30, 2009 — Make November 16, 2009 Your Personal First-Time Home Buyer Tax Credit Deadline.”

Addendum: The Chicago Association of Realtors® in an email provided the link to this article today, regarding the extension of the $8,000 Tax Credit.

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