First time home buyers: act now. The November 30 deadline to claim for tax break is approaching quick.
If you are a first-time buyer and you are interested in the credit, you need to act now. Finding and closing on a house is a complicated process these days and it could easily take 12 weeks or more to complete, pushing you right up against the deadline. And you'll need to make sure you and your house -- a newly built home, for instance, is only considered "purchased" on the day you occupy it -- qualify for the credit in the first place.
The last line is important, especially if you are buying a new home: home is delivered and occupied.