Congratulations! It's a GREAT time to buy a home. Interest rates are at an all time low, there are lots of properties on the market at bargain prices, and you may qualify for the 2009 First-Time Homebuyer Tax Credit.
2009 is a great year to be a first-time homebuyer (IRS defined as anyone who has not owned a home in the past three years). If you purchase a home in 2009 (sale must close by December 21, 2009), and you qualify, you will receive a tax credit of 10% of the purchase price - up to $8,000, as part of the home buying stimulus package.
AND remember that Allegan and Barry County properties may be purchased for zero down, by qualified buyers, through the Rural Development Home Loan program. There's even a special subsidized loan program for qualified low income buyers.
Contact me for more details on how to qualify to purchase a home with little or no out of pocket funds.
Preparing for the purchase of a home is wise decision, especially if you are a first-time homebuyer. You'll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family. When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours. Over time, your home will increase in value.
Please contact me if you have any questions about buying a home in the West Michigan area.
In the following reports, you'll find the information you need to make a wise buying decision. We'll take you through the planning process step-by-step , to help you determine which home is right for you. You'll find a host of informative articles on mortgages, viewing homes, the offer, closing details and moving.