Who benefits from our current economy?
First Time Buyers… That's who!
First time buyers are:
- Are buying homes today that don’t have inflated equity…
- Don’t have to wait for their home to sell…
- Have sellers willing to pay their closing costs…
- Are in the first “Buyers” Market in nearly 8 years…
- Have the largest selection of homes in 15 years…
- Current down turn in pricing will allow them to buy homes in neighborhoods that were out of their reach 2 years ago…
- Can get that extra bedroom or bath or garage…
- Can still buy a home with 3% down, a job, and reasonable (not perfect) credit through FHA…
- FHA loan limits are the Highest ever $271,160…
- And if rates go dramatically lower …FHA has a streamlined refinance program that doesn’t require re-qualification of the buyer!
And, there’s more! :o)
If they buy before July 9, 2009 they are eligible for a $7500 tax credit!
If they buy before Dec 31 2008 they will get that back with their 2008 return!
Our current market conditions provide an amazing, life changing opportunity for first time buyers!
If you know someone who would like to buy their first home (or their first home in 3 years), call me. They will thank you for it!
Your friend in real estate,
Shelli Dore
303-942-0648