We are starting to see a lot of purchase activity in the market place. The first time buyers almost have too good a situation. This includes people in Williamson and Sumner counties that are not first time buyers
First, the market has lots of home to choose from at great prices (more on that in a minute).
Second, they can buy them with loans that have interest rates not seen in 50 years of keeping records.
Third, in spite of all that has happened in the housing market, they can still buy with no money down.
Fourth with one the exception of one of the groups above there is a federal tax credit of up to $8,000 ( this is just plain and simple free cash) and in other cases there are grants up to $9,040 available with THDA).
So with all this, what is happening? Buyers are having Realtors drive them to multiple homes and making multiple low ball offers, even though in most cases, the seller has been forced to price their home at a price that is right. Maybe people think all this is too good to be true. But we believe pick the best home available, pay a fair price and enjoy.
I can help. If you or a friend wants help with it, just email me at George.margrave@migonline.com or call 777-HOME (4663).
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