November 30th, 2009 – Last day to CLOSE escrow for any client wanting to take advantage of the first time home-buyers credit of $8,000. This means eligible deals should really be in escrow by the beginning of October.
December 31st, 2009 – Last day to CLOSE escrow for any client wanting to take advantage of the temporary high balance loan limits of $729,750. Although everyone in the industry is hoping for an extension of these higher loan limits, the current plan is for these limits to decrease back down to $625,500 at the end of the year.
November 30th, 2009 – Last day to CLOSE escrow for any client wanting to take advantage of the first time home-buyers credit of $8,000. This means eligible deals should really be in escrow by the beginning of October.
December 31st, 2009 – Last day to CLOSE escrow for any client wanting to take advantage of the temporary high balance loan limits of $729,750. Although everyone in the industry is hoping for an extension of these higher loan limits, the current plan is for these limits to decrease back down to $625,500 at the end of the year.