First time home buyers still have the opportunity to claim their $8,000 tax credit!  To qualify, a buyer must close on a home and have their closing documents in hand, dated no later than midnight, November 30, 2009.

After making an offer, going through the negotiation process and then obtaining a contract, it generally takes 30-45 days (or more) to close on a property.  You must also factor in the time period involved in searching for the "perfect home".

As an informed buyer, you must also consider there is probably going to be a MAD STAMPEDE to close at title companies during the month of November.  Wouldn't it be a shame if you had went through the negotiating process, obtained a contract, had a home inspection & appraisal, got a "clear to close" from your lender and then the title company didn't have time to schedule you in for a closing because of being too booked up!

With all of these variables, I think you can see there's really not alot of time to drag your feet in this process!  It's already September......November 30, 2009, is fast approaching!