Saturday, January 10, 2009

2226 RIverwood Dr Moore's Mill Subdivision

 
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Great home in Moore's Mill Subdivision. Click on title to see Virtual Tour. Priced at $269,900.

Real Estate in 2009

Real Estate in 2009 can be a great year. What a lot of people don't understand is that its a great time to buy. If you ask any local lender most of them will tell you that they have been busy. Mostly with refinancing. Interest rates are so low that home owners find it a great time to lock in at these low rate. When I say low I mean low. Lenders are offering low rates at 4.75.

The problem is that first home buyers don't realize what the current home owner know. RATE ARE GOOD AND FINANCING IS AVAILABLE. There are a lot of programs and loans out there for buyers. Plus, sellers who are selling are very motivated to sell. I'm not saying that their willing to give their homes away but they are willing to negotiate and most are willing to help pay some closing costs and/or come off the price.

Some other things to keep in mind is that there are foreclosures available also. Our market doesn't have alot but there are some.

If your interested in purchasing a home it doesn't hurt to contact a Realtor. A Realtor can help you get educated as to what's out there, what lenders you can talk with and what you need to know about buying a home. There is no cost to you to talk with a Realtor. If your in the market to buy ask a Realtor why? I think you'll be surprised to find out how much is out there and how many options you have. This is the time for you to stop paying rent and buy a home and make it yours.