5 Good Reasons Why Now Is A Great Time To Buy A House

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5 Important Reasons Why NOW Is A Great Time To Buy!

Five Surprising Good Reasons Why NOW Is a Great Time To Buy:

1. Low mortgage rates serve as an equity shock absorber. When buyers borrow at today's record-low rates, they start building equity as soon as they close. That means they can absorb a few ups and downs as the still-recovering housing market gains traction.

2. Most houses are in move-in condition. Home owners have continued to spend on maintenance and repair, to preserve their equity. However, if you don’t mind tattered distressed foreclosures, they are right now at record low purchase prices.

3. Terrific priced houses are coming on the market. Distressed Foreclosures are finally starting to being faster processed by the system, and most are very attractive properties for record-low prices.

4. Appraisal regulations are finally aligned with market realities. Fannie Mae has adjusted its appraisal guidelines, giving appraisers more flexibility to set values that reflect the current market.

5. Plenty of programs. Many programs that encourage middle-class families to buy homes continue to exist, despite market downturns. Buyers who qualify can get a big boost by combining one of these programs with today's low mortgage rates. Make sure that the Realtor and Loan Officer you will select are a PROFESSIONAL TEAM and have the knowledge to find and then close your dream house at the very best terms and prices.

I will see you in escrow!

Erika Kay

Erika M. Kay, Broker/Owner, Property Manager
Short Sale & Foreclosure Specialist (NARSFR)
SRES (Senior Real Estate Specialist)
Certified e-PRO

Independent Broker Consultants
1655 E 6th St. Ste A-1, Corona, CA, 92879
Office: 951-734-6447 - Direct: 951-545-3786
E-mail: erikakay@earthlink.net - Website: www.ErikaKay.com
CAL BRE #008047509