Home Pride Properties, Inc. 770 444-3844

More Time to Close – The First-Time Home Buyers Tax Credit is Being Extended!

Looks like Uncle Sam is about to do us all another big (and timely) favor!

Senators voted recently to amend the Bill covering the First-Time Home Buyer Tax Credit and give sellers and buyers more time to close.  

If you have a contract to close on the sale of your house to a Buyer eligible for the First-Time Home Buyer Tax Credit, the Amendment would extend the deadline to close from June 30 until September 30.

You must have already executed your Purchase Agreement by the original deadline of April 30, 2010.

Why the extension? Banks need the extra time to work through the surge of mortgage applications that nearly swamped the banking industry in the weeks leading up to April 30.  

For Buyers getting a loan from a bank, this extension of time is a helping hand to salvage your sale if your Buyer needs another month or two to address something on their credit, for instance.

For Buyers getting financing from you as the Seller, the extension through September gives you and your Buyer extra time you might need to finalize terms or for your Buyer to accumulate the down payment needed to close the deal.

Senate Amendment 4344 is one of several approved Amendments that would go into effect once the overall amended bill is reconciled in both chambers of Congress and voted into law.

Note to Congress:  Let's get this done!

Wow!

Really, how often does a business make you say “WOW! I can’t believe you did that for me!”

Exactly! It doesn't happen to us very often, either.  But it did today.

And we were so impressed that we felt compelled to toot the horn of INPAX, Inc. courier delivery services.

Here’s what happened: We had a time-critical delivery and a courier pickup scheduled with INPAX. The courier would be carrying a check from us to deliver to the recipient, a local business. Unfortunately, the recipient of our package had just changed their processing fees, so our payment was short $15.

Let's be clear: It was definitely our fault.  We should have verified the fee before scheduling the delivery. INPAX tried to reach us while the driver was still at the recipient’s office. They called twice, but had to leave a voicemail message. When we returned the INPAX calls, we fully expected to learn that we missed our delivery deadline and that the package was on its way back to our office.

Instead, we got insane unexpected service:

1. INPAX authorized the driver to pay the $15 difference out of his pocket.
2. INPAX reimbursed the driver when he returned to their office.
3. INPAX simply added the $15 to our next invoice.

They knew the delivery was urgent. They knew we would have missed the deadline otherwise. And they instinctively knew what action they could take to make our world so much better.

We were shocked!  We were in awe. We wanted to tell the whole world about it.  Our hats are off to our INPAX customer service representative extraordinaire and to that amazing INPAX driver. They've raised the bar for customer delight to an almost unbeatable level -- a level which we'll strive to reach as well.

INPAX, you’ve now got a customer for life.  Bravo!