Just when you thought it was gone, one of our local banks is now offering 100% financing on some of its foreclosed or short-saled communities. This is a great opportunity for those who are paying high rent but don't have tons of cash to take advantage of getting into a home with equity and a lower payment then their rent was.
There are also many different programs available for 1st time buyers that give them their down payment or match their downpayment.
We are living in unprecedented times in regards to incentives to purchase a home. Combine these incentives with low interest rates and their has never been a better time to buy or sell.
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