your first home in
Beaverton, Oregon, is a tough decision. I get asked, all
the time, by first
time home buyers, “Should we buy now or wait?” I say, “DON’T WAIT!” The
say this to these people is because right now you have interest rates
at an all time low. You have many homes that are priced 25% less than
just a year ago, and last but not least, the government wants to pay
to buy your first home. 3. Now, the government is
offering you an $8,000
tax credit for
buying that first home. You just can’t go wrong with the
government telling you to stop paying rent and actually paying you to
do it! So, if you are in the market
for your first home, call me. I would love to sit down with you and go
process of buying a home, from Earnest Money to Inspection to Closing.
Let’s breakdown these three reasons:
1. Right now we have interest rates hovering around 5.5%. If you look at homes from 1970-1990 you had an average interest rate of around 10%. At some points, in the late seventies and early eighties, those interest rates hit the 20% mark!
With all the talk of inflation happening in the news that interest rate could rise at anytime and may, one day, go back into the teens and we may never get back to the rates that we are seeing today. Combine this with down payment requirements, on most loans, that are as low as 3.5%, and you can find quite the deal. There are also still 100% loans out there if you, or the home, qualify for them.
2. A year ago homes were, on average, 25% more expensive than they are today. That is like me selling you a one hundred dollar bill for $75! You wouldn’t hesitate on buying that, would you?
Todd Clark - Broker / Sales Coach
Palazzo Realty Group
3. Now, the government is offering you an $8,000 tax credit for buying that first home. You just can’t go wrong with the government telling you to stop paying rent and actually paying you to do it!
So, if you are in the market for your first home, call me. I would love to sit down with you and go over the process of buying a home, from Earnest Money to Inspection to Closing.
©2009 Todd Clark - Beaverton Oregon First Time Buyer Specialist Todd Clark says “DON’T WAIT”
Todd Clark (Broker/Owner)
The Friendly Home Team
Realty Pro, Oregon LLC
I am a licensed Realtor who specializes in Washington County, Oregon and also work in both Clackamas and Multnomah Counties including the cities of Aloha, Beaverton, Canby, Clackamas, Gladstone, Gresham, Happy Valley, Hillsboro, Milwaukie, Oregon City, Sherwood and Tigard. All information contained in these posts are copyrighted and cannot be used without prior written approval authorization from the author me Todd Clark. If you are looking for an outstanding agent please give me a call I would love to help you with all your real estate needs.
What if there was a way you could search the MLS for FREE just like Realtors
Now you can access the MLS using similar tools as Realtors. You are in control of what you want to search for, and you can search the MLS at your leisure. The information you submit in the form below can also be used to put you on an automated system where you'll be emailed all homes that meet your search criteria. You'll get internet access to a website that includes pictures, prices, and addresses to real estate that's listed in the MLS!