Now You See It? Soon You Won?t

SPRINGDALE, AR., The last day to close on a home and qualify for the first time home buyer tax credit is November 30, 2009.  Many Realtors say the real deadline is the middle of October when a buyer should have a signed contract on a new home purchase.


“It’s going to take between 30 and 45 days for the loan process, inspection, appraisal and other requirements to be satisfied before a buyer can sit down and sign and get the keys to their new home,” said Glenda Edwards, Managing Broker of Crye-Leike Springdale.  “The workshop we have planned for October 6th will help to educate prospective buyers on the process, the opportunity and the urgency of acting now.”


In Washington, bills have been introduced in both the U.S. House and Senate to extend and even increase the tax credit and possibly make it available to all home buyers.  Broker Glenda Edwards knows from experience there are no sure things – and the one thing she is sure of is there’s a tax credit here today that may not be here tomorrow.


“Our seminar will offer prospective buyers a lesson in financing and financial assistance that’s available – and you’d be surprised what is available,” said Edwards.  “And remember, someone who hasn’t owned a home for at least three years is considered a first time homebuyer and would be eligible for the $8,000 tax credit.”


In addition to having licensed Realtors available at the workshop, prospective buyers will also receive important information about their responsibilities when buying and owning a home from representatives of Realty Title & Escrow and Magna Bank.


“There’s so much more to owning a home than getting approved for a loan and getting a great deal,” said Edwards.  “We also want to educate buyers on what happens after you get the keys to the front door – ensuring that your home is both affordable and that you understand your responsibilities to maintain the property and the costs associated with home ownership.”


More About The Crye-Leike Springdale Home Buyer Workshop

The Crye-Leike Springdale Homebuyer Workshop will be held Tuesday, October 6, 2009 from 6:30 – 8:00pm at the office located at 6636 W. Sunset Springdale.  Realtors will be available on-site to show homes currently available for sale and a representative from Magna Bank will be assisting with mortgage loan pre-approvals.


Mike Spillers from Realty Title & Escrow and Chad Bridger from Magna Bank will be on-hand at workshop. A Spanish and English speaking bi-lingual Realtor associate will also be available.


More About Managing Broker Glenda Edwards

Glenda Edwards is a 24-year veteran of real estate sales. She is a licensed Broker in Arkansas assisting buyers and sellers in and around Washington and Benton counties – specializing in all types of residential real estate sales.  Glenda is a member of the Metro Board of Realtors, the Arkansas Realtors Association, Rogers Board of Realtors and National Association of Realtors.


For more information on the First Time Homebuyers Workshop and for all your real estate needs and personal referrals please call Managing broker Glenda Edwards at 479-756-2131 or 479-601-5026 and you can email her at


About Crye-Leike, REALTORS

Harold Crye and Dick Leike established Crye-Leike, REALTORS in 1977.  Today, Crye-Leike?, the nations 6th largest real estate company, has a network of more than 3,000 licensed sales associates based out of more than 120 corporate and franchise offices located through-out the nine-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, North Carolina and Oklahoma.


Crye-Leike is a full-service real estate company offering buyers and sellers services in: residential sales, mortgage, title, insurance, business brokerage and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services.  In 2008, Crye-Leike attained a sales volume in excess of $4.2 billion with 25,871 homes sold.