The first-time homebuyer tax credit of up to $8,000 was part of this year’s stimulus package. Time to qualify for the credit is running out.

Specifically, unless Congress extends the deadline, you must complete the purchase of the home by November 30th. That may sound like a good ways off. But when you consider that it can easily take two months to get through the entire home-buying process — find a house, make an accepted offer, pull together the money and documentation you’ll need for a mortgage, appraisal, title insurance and closing — anyone who hasn’t already begun will have to move quickly to squeeze under the November 30th wire.

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