The time is drawing to an end for first time home buyers to purchase a Charlotte Home and receive the $8,000 federal tax credit. There is currently a rush to purchase to make these purchases since the tax credit expires on November 30th, 2009. This means that you must actually be in your home by the end of November. Keep in mind that a Charlotte Real Estate closing takes about 30 days from the signed contract to actually closing on the home. This is if everything with the loan progresses without a hitch and it also depends on the lender. Many large banks process things more slowly and it would be wise to have your new Charlotte Property selected by the middle of October.
Your Charlotte home search may also take you longer than you anticipated. Keep in mind that the deepest discounts are bank owned homes and Charlotte Short Sales and these can take several additional weeks. As multiple offers are received on most of the Charlotte Foreclosure homes, you are losing valuable time while you wait.
Charlotte Foreclosures offer many benefits; there is risk but also great potential rewards. Visit Charlotte Real Estate - Charlotte NC Homes for Sale to begin your Charlotte Home search and Charlotte Foreclosures to learn more about Charlotte Bank owned homes, Charlotte Foreclosures and so much more.
