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The Joy Of First Time Home Buyers

Flowers On TableWith interest rates recently reduced from great to fantastic, home prices reduced to where we never thought we'd see them again, and a bonus of $8,000 for buying now ... First Time Home Buyers are getting busy. It's a lot of fun to have the happy excitement back in the transaction! They never thought they'd have this opportunity again and they're just beginning to realize what they can accomplish. What fun to help them realize their home ownership dream.

Because we are rural and can offer the USDA Rural Development 100% loan, we're finding that Buyers can buy with nothing down, have payments less than their present rent payment because of the low prices, and get an $8,000 tax credit for doing it.

The key is to remember to slow down, keep your cool, and explain everything to them ... everything. These are First Time Home Buyers and they are nervous because all they hear in the media is that real estate is in bad shape and getting worse. They want to know they aren't making a mistake, won't get hurt, and that their excitement isn't taking them down the wrong path. You, the professional, can assure them by explaining the details of the contract, the process - whether they are buying a bank owned, short sale, or motivated seller property, and how they will enjoy home ownership.

The sales prices may be low, but the satisfaction of helping them far exceeds your financial return in these transactions. Give them the care they deserve - they are leading us out of the real estate Dark Ages. Have fun ... its about time.

Posted Monday Apr 20