Homes are at their lowest prices in years, and mortgage rates are just off their all-time lows. If that were all, it would make for a great time to buy a home, especially your first home.
But that is not all. First time home buyers also get a $7500 tax credit for buying now through next June. Wow, that has not happened before. And for anyone who can do so, they should not wait, but should buy now. And what will you do with an extra $7500? Here are my suggestions.
I have come up with a Fact Sheet which you can download, and it will answer a lot of questions about the tax credit, and how it works. Print it out, it will help.
What if you or the potential first time buyer don’t quite have the down payment they may need – usually just 3% down. Click here to get my report: 26 ways to come up with the down payment. These work best with FHA loans. And around Atlanta, pretty much all first time home buyers will find a home that fits with FHA financing.
Related posts:
