Fort Myers Real Estate Prices have gone through some downward changes over the past twelve months. Coupled with this pricing change in homes, condos, and land has been a decrease in consumer mortgage rates. Mortgage rates are almost back to late 2005 levels.
Bankrate.com advertises rates as low as 5.75 % on a 30 year fixed rate mortgage. A recent customer of mine who closed on his new home last week was able to purchase a home with less than $2000.00 out of pocket. I know you're thinking this just cannot be real?
Well it is real. The seller of the property contributed 3% of the purchase price towards his closing costs, in addition to a 3% contribution to a non-profit down payment assistance program that contributed this money to my buyer at closing. This was done in conjunction with a FHA mortgage product and all was defined on the real estate purchase contract and the HUD-1 Settlement Statement at closing.
With lower mortgage rates, special monetary assistance programs, and some sellers willing to make monetary contributions to assist you in purchasing a home... Buying a home is possible with less money than you may imagine.
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For more information about Fort Myers Real Estate, Fort Myers Homes For Sale, more information about a future purchase, or details on this special financing and contribution program call me direct at (239) 340-1384 or via email at Scott@The-Extreme-Team.com.
Scott Slocum, REALTOR®
Florida Future Realty Inc.
2816 Del Prado Blvd South, Unit 2
Cape Coral FL, 33904
Direct: 239-340-1384
Scott@The-Extreme-Team.com
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"Copyright © 2008 by Scott Slocum. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed without the written consent of the author.
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