I am currently working with a first time buyer who's Mother has been encouraging him for years to buy a home. He has always had good credit and a steady income, perfectly capable of making his first home purchase. The time just wasn't right for him. Well, last month he decided that there couldn't be a much better time to buy than NOW...and he's right. Here are my top 3 reasons for first time home buyers to make their purchase NOW:
#1 Lot's of Homes, Great Prices! If my client would have bought a home three or four years ago, it would have been at the very peak of the real estate market here in Middle TN. Home prices were sky rocketing! Everything was selling...even the ugly ones. Now, prices have leveled out and there are thousands of homes to choose from!
#2 Interest Rates are still LOW! If my client would have bought a home three or four years ago, the interest rates would have been about what they are today. They continue to remain historically low!
#3 $8,000 Tax Credit! Eight Grand! If my client would have bought a home three or four years ago, all he would receive after closing, are keys. "First Time Home Buyers" that close BEFORE NOVEMBER 30th, 2009 are eligible to receive the $8,000 tax credit. Click this link for more information: http://tarnet.com/govaff/pdf/SimulusReport.pdf
If you or someone you know is considering a home purchase in the near future, there just couldn't be a better time! If you would like a FREE copy of our Home Buyers Guide, or if I can put you in touch with one of our trusted lenders, please feel free to call me anytime. I want to make sure that I am available to you, whether you simply have a question or want to start looking at homes. You can search the entire MLS from my website: http://www.adamhelton.com/.
Adam Helton
RE/MAX Elite
www.AdamHelton.com
