I am writing this post because I keep talking with buyers who think they cannot buy a home because everything they see or reads tells them that only super qualified buyer with 20% down can buy a house right now. That is false, false, and false.
Yes the standards to purchase a home have gone up but considering 2 years ago there were no standards the only place they could go was up. Right now you can qualify for an FHA loan with a credit score of around 600, sometimes even less depending on your job and assets. FHA loans are the best source for loans right now when you have less 20% down and decent credit. FHA loans only require a 3.5% down payment, if you can find a HUD home then you only need $100 Down payment. Use the links below to get pre-qualified, find out about the $8000 first time buyer tax credit or to start searching for homes.
Click to apply for a loan $8000 tax rebate info See Homes for sale NOW!
2009 will go down as the greatest buyers market of all time, are you going to be part of it or will you sit on the fence till it passes you buy.
The Russell Home Team specializes in Johnson County Kansas Homes & Real Estate, call us today to get started at 913-681-1383 or www.SearchjocoHomes.com
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