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We are running out of time; the generous $8,000 first time home buyer tax credit deadline for closing a transaction is fast approaching.
A deal must be closed by November 30 in order for the buyer(s) to be eligible for the credit. In a "normal" transaction with a straight-forward buyer/seller contract, conventional financing, no extended negotiating over home inspection items, the remaining six weeks before the program ends will be JUST enough time to earn the tax credit.
So if you, or someone you know, is hesitating or delaying for any reason about buying a home to earn the credit, time's a wastin'! I am ready to help any buyer who is qualified to purchase a home get the job done. Let's get started! I cover the City of Chicago, the North Shore of Chicago, and points beyond the North Shore.
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