When is the best time to buy a home?

I truly believe that now is an unbelievable time to buy a home. First I will address a first home (defined as the first in three years).

1. The Federal Government is going to send you a check for up to $8,000.

2. THDA will give you a grant for up to $8876,

3. The Realtor can usually get the seller to pay up to $7239. This leaves you with zero out of pocket.

4. Interest rates are at historic lows.

5. Real Estate is on sale. Prices are often as low as they were five years ago.

Now for an existing home owner (defined as having lived in your present home for 5 years).

1. The Federal Government is going to send you a check for up to $6,500.

2. The Realtor can usually get the seller to pay up to $8152 ( on an example of a $226,000 home).

3. Interest rates are at historic lows.

4. Real Estate is on sale. Prices are often as low as they were five years ago.

5. If you have to take a loss on your present home, you should be able to more than make it up with the bargain you get on the new one.

Call me at 777-HOME (4663) or e-mail me for details by hitting the reply button.