Now that we're actually in 2010, we're seeing customers start to move a little more. It felt like there were a lot of people just looking in the Fall because they really didn't have a timeline at that point and knew they didn't need something until the Spring or Summer.
But NOW, they're thinking, "I'm running out of time!" After all, it's mid-January and there are a ton of buyers out there wanting to take advantage of the First Time Home Buyer Tax Credit, which limits them to closing by April 30th, 2010.
With the stricter lending guidelines and there being a good amount of shortsales in Gainesville, buyers need to realize that it's more difficult to close in the traditional 30 day time period. While a quicker close is possible, lenders and closing companies are needing closer to 45-60 days to make the closing a smoother transaction. That means, that buyers need to contract on a home by the end of February to feel comfortable that they'll be closed in time!
So, if you're looking to take advantage of this credit, start moving! If you'd like us to send you a customized search for homes that would meet your criteria, just let me know. Since we're a husband and wife team, one of us are always available to meet with you and show you properties and answer questions.
For more info about homes for sale in Gainesville, FL and the surrounding areas, give us a call or email at:
352.316.5556 or MattandTiffany@BosshardtRealty.com
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment