For Home Sellers

Four days left

Door number 4The first time home buyer tax credit expires at midnight on Friday.  That means that to get the tax credit a  home buyer would have to have a purchase agreement completed by April 30th but it doesn't have to close until the end of June.

There are buyers out there trying to beat the clock.  If your home is currently on the market it is best that you allow last minute showings and refrain from painting the stairway like one of my sellers did yesterday (I won't mention any names or addresses)  until after April 30th.

I have written three offers this week for two buyers and it is only Tuesday.  The buyers did not just start looking but they now have a sense of urgency about buying.   It will be interesting to see if the phone rings at all next week.

2 comments on “Four days left
  1. Troy Felton says:

    I think we are all curious to see what happens next week with buyer activity. Good luck with the offers you wrote.

  2. Hubert Miles says:

    Well the tax credit has now expired, and I have to say that I am glad to see it go. May be we can finally get a true gauge of the market and allow the free market system to take over.

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Teresa Boardman
Realtor®, MN,
Licensed Broker
Saint Paul Home Realty
651-216-4603
teresa(at)tboardman.com
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