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OMG! What has just happened?

By
Real Estate Agent with Independent Women Brokers

What just happened when Bernake made his address to the nation? It opened wide the home buyer opportunities! He stated that low interest rates would continue through 2013. What a great opportunity to get a value on a home. Home prices , in my area, are back to 2001 prices and with interest rates sometimes under 4%, are incredible opportunities for home ownership! All you need is excellent credit, some money in the bank, a good solid job and the will to take advantage of this historic housing market. Sounds Easy? Well, it won't be that easy, but it can be done! Banks are looking at tighter loan conditions and are more interested in the documentation you need to provide, these days, to qualify for the historic loan you will be getting. But if you have lived the good, clean life, you too may be able to SCORE! This market is not for everyone, but it may pay off for some. Talk to a lender and a Realtor today and find out what you can do to SCORE!

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Diane Grady
Endless Summer Realty - Saint Augustine, FL

Yes, low interest rates through 2013 is fantastic news for everyone! We have a lender that has 3.4% for conforming jumbos! Really a great time to move up to that house you have always dreamed of! It may actually be cheaper monthly than the one you are in now! Amazing!

Aug 10, 2011 12:30 PM