Calling all Allen Real Estate buyers sitting on the fence. The planets are aligning right now for Allen MLS Specials:
1. NBC Brian Williams Media Scare Tactics, "The Sky is Falling"... has made buyers feel that there is no hope for a mortgage so why bother...
2. Employment in DFW is UP
3. Interest Rates are DOWN
4. Allen Builders: Inventory is UP, partly because of #1
and
5. Mortgage are still available. The 80/20 loan went away but 95% financing is still available with good credit. If you have marginal credit or need 100% financing, there is a window of opportunity until March when DPA down payment assistance programs are taken away.
That means if you want Allen Real Estate or a New Home in Allen, the clock is ticking and you need to close before March unless Congress decideds to stop what they have already set in motion!
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