It's a Great Time To Buy a House - First Time Home Buyers Hurry Before You Miss Out!

I am amazed at all those that are sitting on the fence during this amazing buyers market. Not only do we have amazing inventory, the interest rates are incredibly low. This increases your buying power without increasing your payments. Many renters out there, you could be paying far less in home ownership that you can renting.

I have a first time home buyer who is saving over $400 /month with a home purchase. That is crazy. Imagine what saving that $400 /month could do for your future. Invested it could be worth a fortune in time. Otherwise, you are just throwing it away each month.

First time home buyers have alot of options out there today. USDA Financing allows for 100% Financing (you must qualify and the home must be in the USDA specific location) however these are great deals. Bond money can offer $8000 downpayment assistance to first time home buyers who meet the income requirements. This can be used for closing costs and downpayment as well. Credit Unions are another wonderful source of 100% financing.

Even if you don't have alot of money to invest in a home, home ownership can still be achieved. I caution you to save as much as you can because home ownership comes with home repairs. Always plan ahead. But if you are saving money each month owning a home you can afford to do repairs and have money left over for savings as well.

If you want to find out more about any of these programs, contact me. I would love to help you find the home of your dreams.