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Wall Street Journal says: BUY NOW!!

Here are the major points of a post on Market Watch (part of the Wall Street Journal digital network)

Tips for buyers
Interested in buying a home and claiming the home-buyer tax credit? Below are five tips:

1. Don’t procrastinate

Get searching now. Getting an early start will give you a better chance of finding the right house before the credit deadline.

2. Don’t count on another extension

The credit won’t be available forever. If you want to take advantage, be sure to make that spring deadline.

3. Mind the interest rates

Mortgage interest rates are low right now, but will likely rise next year.

4. Communicate with your lender

Throughout the process, make sure you’re communicating with your lender regularly; if there’s a piece of documentation you’re asked for, get it turned in as soon as possible.

5. Don’t take shortcuts

Don’t forgo any of the steps you would normally take just to make the tax-credit deadline. Make sure the house is a good fit for your needs and get a home inspection.


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  1. […] created by the government which has held down interest rates and given tax credits to purchases. Both programs will be drawing to a conclusion in the first half of 2010. After that, demand will begin to fade (as shown […]

  2. […] created by the government which has held down interest rates and given tax credits to purchases. Both programs will be drawing to a conclusion in the first half of 2010. After that, demand will begin to fade (as shown below). Possibly related posts: (automatically […]

  3. uberVU - social comments says:

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    This post was mentioned on Twitter by steveharney: Wall Street Journal says: BUY NOW!!: Here are the major points of a post on Market Watch (part of the Wall Stre.. http://bit.ly/08OzLxR

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