Loan info and the 8,000 tax credit!!

bill5414 — Mon, 14 Sep 2009 19:28:17 +0000

“BEFORE ANYTHING ELSE…PREPARATION IS THE KEY TO SUCCESS.” Alexander Graham Bell. Very true words – and preparation is especially important these days, as several circumstances will make this fall a particularly successful time for prepared home buyers. Rates for home loans remain low – but it won’t last forever. The Fed continues on their purchasing plan of Mortgage Backed Securities, and the added demand has kept Bond prices high and home loan rates low. Last week, they purchased another $32.4B, bringing the total to $849B out of the $1.25T they committed to. While these Fed purchases have helped home loan rates stay near present low levels, remember that their buying program is set to be over near the end of the year. There is talk that the program will be extended – but there has also been talk that it will end early – so nothing is a guarantee, except for the fact that when the Fed purchasing program is over, home loan rates will assuredly rise. In addition, given the current expiration date of November 30, 2009 for the $8,000 First Time Homebuyer credit, it’s important for homebuyers to get prepared, and take action.

From my experience as a Realtor, now is the best time to buy a home, maybe in your lifetime. Low, low interest rates, tax credit, exceptionally low home prices and a wide selection. Search for homes at “lzhomes.net”. Please email me from site, or call me. You will not be spammed, hassled by advertising, and no salesman will call you. Just straight answers to all your real estate questions.

Ask yourself these 3 questions, and if you can say yes to all three, you are ready to buy.

1. Am I going to stay in this area for the foreseeable future?

2. Am I ready to assume the responsibility of a home?

3. Am I financially able to take care of a home?

I will answer all your questions here . Thank you. Bill Realtor GRI ABR

Real Estate Website for Northern Nevada

bill5414 — Mon, 10 Aug 2009 16:28:41 +0000

Check out my website. lzhomes.net Thank you Bill

RealtorBillsBlog

Loan info and the 8,000 tax credit!!

Real Estate Website for Northern Nevada