TIME IS MONEY!
Did you know that this may be the best time to buy a home in the past 5 years? As a potential homeowner, the rent you pay to your landlord pays his mortgage. You have the opportunity to own instead of renting. Consider this:
When is the Best Time To Buy?
As a potential home buyer, when do you think is the best time to buy?
We hear:
When the interest rates are favorable.
FACT - 30 Year Fixed Rates are approaching historic lows. 11/27 - 5.5% no points.
When I have saved a down payment.
FACT - 3.5% Down payment is required for FHA loans. The funds can be a gift and repaid with a $7500 tax credit on your 2008 tax return.
When I have saved money for closing costs.
FACT - Seller can pay all or most of your closing costs.
When I can "steal" a home.
FACT - In most markets there are foreclosures and extremely motivated sellers who will sell at prices up to 30% off of 2005 values.
If you feel secure in your job, have a credit score of over 580 and need to better place to live, consider owning your own home or condominium. Take advantage of a market that favors you as a home buyer. Low rates, favorable financing and pricing and a great selection to choose from.
Visit NH real estate community websites at New Hampshire Real Estate for real estate information by town in New Hampshire. To view communities in Massachusetts visit MA Real Estate and to search the Massachusetts MLS visit MA MLS. For Maine real estate information visit Maine Real Estate. If you are relocating to other NE states please visit CT Real Estate, VT Real Estate and RI Real Estate. The information is provided through RE/MAX Country Properties, Amherst, NH (www.nhrelocation.com). Our other office, RE/MAX Innovations is located in Boston, MA.
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