Our underwriter just sent a company-wide email notifying us how long it takes to receive the $8,000 home buyer tax credit from the IRS. Keep this in mind.
“my daughter and her boyfriend went to the IRS office today to ask about their First Time Homebuyer credit. They were told to expect it to take a minimum of 12-16 weeks before they would receive it. The IRS received theirs on 10/2 and are just now reviewing it – 7 weeks later.”
Equal Housing Lender.