Did you hear that????....... That was opportunity knocking. If you are a renter in Big Bear, what are you waiting for? The market is as good as it gets for buyers, and interest rates are at historic lows. Are you going to be one of the people that says "Remember when I could have bought a house for $130,000?" 

There are many first time home owner programs that you may qualify for that can help you with things like down payment and closing costs. I have had clients that qualify for as much as 6% in special programs.

Some examples of properties that I would find hard to resist would be the bank owned REO properties. We currently have 25 of these properties on the market in Big Bear. Some of these properties have deferred maintenance issues and that allows a new owner to personalize the home to fit their tastes. These REO properties are also creating some motivation with sellers that need to sell.

I ran some numbers on a home today for a client that is looking to buy his first home. The house is owned by the seller (not the bank) and is a 2 bedroom, 2 bath built in 1991. It is about 900 square feet and has a view of the mountains. This house is listed for $139,000!!!!!! The payment would be around $770 a month for principal and interest. For crying out loud, that is less than some of you are paying for your car payment!

There are currently 26 homes in Big Bear that are listed below $140,000. When do you want to go look at them??

This is an opportunity first time buyer's need to take....