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by CareyBot

With the Nov. 30 deadline for closing a home purchase in time to claim the first-time homebuyer tax credit fast approaching, the $8,000 question has become: what's the last possible date to find a home, make an offer, and begin the closing process?In a recent appearance on NBC's "Today" show, Barbara Corcoran -- former owner of the New York City brokerage The Corcoran Group -- raised a few eyebrows when she suggested that it would take a "miracle" to start the process now and still beat the deadline.Real estate agent Jessica Riffle of Coldwell Banker Sea Coast in Wilmington, N.C., took issue with the suggestion, saying most loans in her market are closing in 30-45 days. AllDAY, the official blog of the "Today" show, invited Riffle to make her case in a video, ...