Cash For Klunkers.

Print Friendly, PDF & Email
Print Friendly, PDF & Email

True Story: My 82 year old grandmother was going to turn in her fifteen year old gas guzzling American made Ford with a book value of $1200 and get the $4500 rebate….Isn’t America great!!….being the last day she was all set to drive the beast down and drive away in a green machine. Problem is dealers stopped taking them because they couldn’t process the paperwork in time. Being another well thought out governmental plan…is this a surprise?

Why am I telling you this? …Think first time homebuyer credit. Head the following words.

IF YOU ARE NOT IN CONTRACT IN THE NEXT 30 DAYS. YOU WILL NOT GET YOUR CREDIT.

do the math…..For all the readers without an engineering degree….avg 60 days to close. Last day to close is December 1. But wait there’s more…. Thanksgiving is the 26th. So no business is getting done Wednesday the 25th, Thursday the 26th, Black Friday the 27th, Saturday the 28th, Sunday the 29th. That leaves two days. Banks and Lawyers can’t change a light bulb in two days. Thus, if you are not closed by the 24th of November….like they say in New Jersey…..Fuggetaboutit.

Hoboken Real Estate Condos
Under contract first 24days of august 53
Information deemed reliable but not guaranteed

Speak Your Mind

*