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Next First Time Home Buyer's Seminar Tuesday May 19, 2009!

Home Buying Reluctance for First Time Buyer's

It's ironic isn't it? Not so long ago home buyers were incredibly excited about buying - and it was a home sellers market! Real estate prices were escalating and it was perhaps one of the most difficult times to buy value and yet people were buying like there was no tomorrow. Buyers were afraid of losing out by not buying even though the advantage was all to the seller. Now a shift has occurred and it's a true home buyer's market and what happens? Fear is still in the driver's seat but the tables are turned - the fear of paying too much seems to stop most in their tracks and immobilizes them. When they should have been afraid of paying too much they weren't and now that they shouldn't be afraid of paying too much they are!

San Diego Real Estate is On Sale!

If you are like so many other first time buyer's - paralized with fear or uncertain if this is your time to buy, please join us Monday March 26 for a "First Time Home Buyer's Seminar" that will help you make one of the most important financial decisions of your life! Read On!!!

We are in a real estate market now that’s unlike any we’ve seen in the last ten to fifteen years - and that’s a GOOD THING if you’re a first time buyer! “Why” you ask?  

• In the last two years many San Diego home values have dropped by as much as 40%!
• First time home buyer tax credits of up to $8,000 are available through November 30, 2009!
• First time home buyer down payment assistance programs are available to help new home owners get in to their first home! Some first time buyers have received as much as $40,000!
• Low interest 30 year mortgages are still available!

Needless to say the mortgage lending horizon has changed - as it should have. The days of getting a home loan without income documentation and the days of 110% financing are behind us. But for qualified home buyers, make no mistake about it, home loans are available! So “what’s a qualified home buyer”? Today a home buyer needs to come to the table with at least 3% of the home purchase price for down payment. In today’s market, that can be as little as $6,000 to purchase a $200,000 condominium or $9,000 to purchase a $300,000 detached home! Also, today’s buyer needs to have approximately 33% of his or her monthly income available for the mortgage.

Whether you simply want to gather information to plan for a future home purchase or if you are want to see if you’re ready to buy now, I encourage you to attend my “First Time Buyer’s Seminar”. The seminar is being held Tuesday May 19, 2009 from 6:30 - 7:30 p.m. at:

Keller Williams Realty - La Mesa Office
4700 Spring Street, La Mesa CA 91941

Loan Officer Kirsten Sisk from Avalon Mortgage Corp. and Realtor Rick Tibbitts will be presenting at the seminar and will share with you information that could quite possibly move you toward owning your first home!

If you would like more information about this seminar call Rick Tibbitts at (619) 916-9273. This is a hassle free, no obligation, information only seminar. Space is limited so please call in advanced to reserve your seat - and do your family and friends a favor and invite them too!