Joselyne Muszynski's Blog – April 2009 Archive (1)

First-time homebuyers must close by Nov. 30 – contract not enough



WASHINGTON – April 24, 2009 – If first-time homebuyers wait until November

to sign a sales contract, it’s probably too late to get the $8,000 tax

credit. To qualify, buyers must close before Dec. 1 – a signed contract is

not enough. New construction should be started by mid-summer to qualify.



According to the National Association of Realtors, a “home is considered as

‘purchased’ when all… Continue