Is Now the time for first-time home buyers in Lexington South Carolina to make that first purchase? As many of you already know, first-time home buyers may be eligible for a tax credit on the Federal Income Tax Return if the purchase a house before December 1, 2009. This means that you must actually close on the purchase, not just be under contract to purchase. Since we are now in the middle of September, time is running out and now is the time to act. The closer we get to the deadline the longer it is likely take to complete the transaction. The reason for this is that there will be more people trying to close and everything int he process is likely to take longer.

Other things that make this a great time to purchase a home in Lexington South Carolina is the market has an abundance of homes to choose from and interest rates are still very low.

For more information on the Lexington South Carolina Real Estate market, give me a call at 803.233.7544 or send me an e-mail at Charles@CharlesStill.com.