What’s Cooking in the High Desert Real Estate Market: Want that home buyer tax credit? Don’t start buying big ticket items…not yet
Want that home buyer tax credit? Don’t shop for furniture, appliances, cars or any big ticket items.
Ask any experienced Realtor or Lender and they will lament about at least one deal that was lost or delayed due to a buyer making a major purchase before the close of escrow.
If you are a first time home buyer beware, take head and consider yourself fair warned… Do Not Make Any Large Purchases Prior To Closing Escrow.
With the vast amount of first time home buyers about to close escrow and take advantage of the home buyer tax credit many will be in need of carpet, paint, window coverings, appliances and furniture. Don’t make the big mistake of buying now, it could kill your real estate loan or at best delay the closing.
For more information read Don’t Shop for Furniture.
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