Home Buyer Credit Expires ? WZTV Fox 17 News Nashville

Posted: Friday, April 30 2010, 08:10 PM CDT


By Reporter Sky Arnold


Story Web Link: http://www.fox17.com/newsroom/top_stories/wztv_vid_3465.shtml


Buying a home is a big decision and Angela Weakley wasn’t sure she was ready for it.


“I wasn’t sure if it was really an option with my finances,” said Weakley.


What changed her mind is the $8,000 she’s getting under the Federal Stimulus First Time Home buyers credit.


“It’s made it possible really because it’s gonna help me cover the cost of down payment when I’m reimbursed for it,” said Weakley


Weakley’s decision was more last minute than most.


She started looking at homes Sunday and put an offer on a townhouse Wednesday.


She had to rush because the tax credit expires at midnight.


“We had to pull together a lot of financial info for her very quickly so she could make a good decision so yes it’s been stressful,” said Crye-Leike Realtor Joyce Wright.


Wright had to work with an out-of-state seller and there were some tense moments with the counter offer.


“Yesterday they were supposed to let us know about noon and three o’clock I hadn’t heard and I thought maybe this wasn’t going to happen so that was stressful,” said Weakley.


A big stress that’s now over with not many hours to spare.