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Crofton MD Real Estate - Where Do People Get The Money To Buy Crofton, MD Homes?

Crofton MD Real Estate - Financing Types

It wasn't all that long ago that FHA loans were rejected by sellers in Crofton, MD pretty routinely. Look what happens when the market turns.

In September, 2009, FHA loans outnumbered any other type of financing for Crofton, MD home buyers. Conventional financing was a very close second with VA financing pretty strong as well.

Two buyers came up with the cash to purchase their Crofton, MD home. I don't know why, but this still amazes me. Especially when you consider the average Crofton, MD home was $353,841 in September, 2009.

As you can see, if you're a Crofton, MD home buyer, you should consider an FHA loan. Right now, you can receive an FHA loan with 3.5% of the purchase price as a down payment.

If you're not already working with an agent to find your Crofton, MD home, I can help.

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Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

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Posted Friday Oct 09