If you are in the position to buy a Peters Township area home, and the time is right for you to buy Pittsburgh property, then you have a little over a month left to take advantage of the $8,000 first time home buyers tax credit.

But wait, you say? We have until Nov. 30, 2009, right?

Yes and no. You have until Nov. 30th to be closed on a Peters Township area property.

That means you have to find a Pittsburgh home for sale, make an offer (or two or three counter offers), get inspections, get the Peters Township, PA real estate appraisal (which might come in low, probably sending you back to the offer table), check Pittsburgh, PA property titles (perhaps clear titles), get your Peters Township, PA real estate loan approved, get the loan money on time, and get all problems found during the inspection fixed. All before Nov. 30th.

By Nov. 30th, you must have the house keys in your hand in order to take advantage of the tax credit, so the sooner you start the Pittsburgh area home buying process, the better.

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An expert Peters Township, PA Real Estate Agent will try to foresee all the potential problems that could arrise in the process of buying a Pittsburgh real estate home, but there always things that could arise that are beyond anyone’s control. Overall, the more time you allow for buying a Pittsburgh area home the better chance you have of closing in time for the credit.

Because though you shouldn’t be buying a home just for the credit, it would really stink to close on Dec. 1, 2009 and miss out on an $8000 tax credit.

If you have questions about Pittsburgh Real Estate or want to browse the Pittsburgh and Peters Township MLS home search, then contact me, Jim Dolanch, for all your Pittsburgh and Peters Township first time home buying tips.

Until next time,
Jim