First Time Home Buyers, Investors and Public Servants Have Opportunities

By
Real Estate Agent with Century 21 Real Estate Center Everett, WA

Don't be caught in a couple of years saying "should of, could of, would of!  Everything is in place right NOW for first time home buyers to get into this market.  Interest rates are dropping below 6% and they don't stay there long.  So, Buyers should be actively looking to buy.  The Federal Government is offering a $7,500 tax credit for first time buyers, but only until the summer of 2009.  If you are employed and have mid to decent credit, it is possible to own your home with little money out of your pocket. 

Investors have many opportunities also since the market is so soft.  There is an abundance of possible rental homes available.  Have you heard about some of the changes with the 203K product (rehab loans)? Investors should still analyze their investments as usual but with bank foreclosures on the rise the market is just right for the "buy low" investor with cash or not.   

Law Enforcement, Teachers and Firefighters have an excellent opportunity to buy HUD owned homes at a 50% discount!  That's right!  A 50% discount on the listed sales price for HUD repo's.  Minimum cash contribution is $100.00. 

Comments (8)

Tinker Hulsey
Century 21 Wright-Pace Real Estate - Jonesboro, AR
Century 21 Wright-Pace Real Estate

Hi, Debbie

Welcome to active rain. I am also a Century 21 real estate professional too. Good luck!!

          Tinker

Oct 29, 2008 02:14 PM
LS Rogers Realty
LS Rogers Realty - Richardson, TX

Welcome to the Rain. You should enjoy it as much as I do.

Oct 29, 2008 02:41 PM
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Welcome to Active Rain. This is the best place on line for real estate networking and learning.
Congrats on writing your first blog post! That is the first step to starting a conversation here.
If you have any questions, there are tons of posts that will help to answer them and you can always just ask! We do amazing business here on Active Rain and you can too! Katerina

Oct 29, 2008 04:33 PM
Kirk Westervelt
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...

Hello and welcome to Active Rain! I encourage you to learn from others, share your knowledge and experiences with all of us, enjoy yourself, and try to log in and join us in the Active Rain community as frequently as possible. I look forward to your future blogs and comments! Take care, --Kirk.

Oct 30, 2008 01:56 AM
Anonymous
Debbie

Thank you Tinkier, Trunda, Katerina and Kirk.  What a nice welcome!

Oct 30, 2008 08:31 AM
#5
Nance Burdette
Keller Williams Realty Partners - Spartanburg, SC

Welcome and congrats on signing as a new member of ActiveRain. Being a new member myself and entering into my second month, I truly see the awsome advantage that blogging can be; (and it's fun). Seems to be the beginning of a healthy and wealthy relationship of abundant professionals. Everyone has been so very kind. And so much to read!!! Hope to see your blogs in the future.   Best of Luck,  Nance

Oct 30, 2008 04:04 PM
Lori Churchill Cofer
Beasley Realty - Pullman, WA
Realtor - 509-330-0086 - Pullman, WA

Debbie,

Hi there!  You commented on interest in the Newbie Support Group...I added you as an associated and subscribed to your blog in return.

I enjoyed reading your profile.  Small world isn't it?  I live in Pullman WA.  (Yes, I am one of those pesky Cougars)  We might benefit from in state referrals as a lot of people I touch during their stay at WSU move back into your area and later buy homes!

Lori's Signature

Nov 01, 2008 07:06 AM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Debbie,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to you!

-Keith

Nov 02, 2008 02:21 PM