NOW IS THE TIME TO BUY!
Even Warren says he would a a few 100 thousand homes if he could manage them.
Be aware, NOW IS THE TIME TO BUY is not synonymous with ALL ARE ABLE TO BUY.
For some banks the COST of granting a martage below $50,000 exceeds their profit profile. In essence, banks intend to make a profit and if your business doesn't smelll like profit, they don't want it. The attitude of the banks, however, does not mean REAL ESTATE is NOT the most secure place at this time, and in the foreseeeable future, to put your money.
Lets not overlook the reality that the cost incurred by a real estate professional to find a home at this price point for you to buy will wipe out any illusion of making a dime. You find yourself in a position where you are a cost center for everyone who works with you. It is important you understand this. There are many, many, many professionals who will work with you, but NOT if you are disrespecting their efforts. We real estate professionals understand this is the opportunity of a lifetime for many and will work tirelessly to make this a reality for folks just like you. There, however, are limits to our patience and willingness to spend our resources to achieve your dream.
Now, you have about 2 years to positoin yourself to purchase real estate at pennies on the dollar. Rather than allow the banks to create greater frustration for you, get a plan in place that will allow you to purchase. You should not need to finance through a big bank a mortgage of this small size.
Here's a biggy for you. Search the following words and phrases along with the word 'grant' and give those who appear in the results a call.
(Real estate, Zipcode grant), (mortgage real estate zip code grant) (first time homebuyer, zipcode) (first time homebuyer, zipcode, grant)
Visit the community website http://www.MyDunedin.com
and read the artical on the front page regarding grants available for first time home buyers. Many of these also provide affordable housing grants. These are cumbersome money sources, but it makes 'NOW IS THE TIME TO BUY' a call you can respond to that will have great benefit to you and those important to you in the very near future. This choice has always been yours in regards to what you do next. I've provided you exceptional advise and resources, now it's up to you.
ReMax Realtec Group
Palm Harbor, FL
727. 420. 4041