Time is winding down to take advantage of the $8K first-time home buyer tax credit. If you’re looking to buying your first home, you must be signed, sealed, delivered and closed by November 30th! It can take up to 45 days to close a transaction if your are using an FHA loan program, and if you are considering a short sale, the process will take even longer. So get to it! Find everything you need to know on Trulia Voices – from the basic requirements to how it works.