If you, or someone you know, is interested in buying a property as a 'first time homebuyer' - that is someone not owning property for the past 36 months- the following video is worth watching and passing along.
Now is definitely a very good time to buy because (1) interest rates are remarkably low (5% or less), (2) house prices are quite low, and (3) it's pretty easy to get qualified if you can put down at least 3.5%. Oh yes, and there is a tax credit of $8000 which is kinda like earning $40,000 and not paying taxes on it (for someone in the 20% tax bracket). Yes, it is pretty kewl!
The only drawback is that there isn't much time left, so call and let's get you or someone you know 'preapproved' for a loan to make the purchase. It really is THAT Easy!
Tuesday, September 29, 2009
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