Time is running out to take advantage of the First Time Homebuyer's Credit of $8000.  Home purchases must be closed by November 30.  With (non-Short Sale) purchases taking 30-60 days to close, buyers only have about 40 days left to negotiate a contract to purchase the right home for them

Further details are available at Realtor.com.

 http://www.realtor.org/home_buyers_and_sellers/2009_first_time_home_buyer_tax_credit

August 20, 2009