If You're Buying...

   #1  Time - It's impossible to time the bottom however you can pick a great house now.  Let's face it:  It may be that the house you buy today may be worth less next year and that could start you thinking about trying to time the bottom of the market.  Please resist.  That is extremely hard to do and this is the best Buyers have had it in two decades with inventories up and mortgage rates low.  Find the perfect place and drive a hard bargain.  Remember if you're trading up your home could sit on the market so sell before you buy.

  #2  Mortgage Rates - Homes are plentiful and will likely remain so but financing may get more expensive.  If you are anticipating buying its a good idea to get pre-qualified for a mortgage loan.  You'll know exactly what your payment will be and will be able to search for a home in the correct price range.  Rates are ever changing and with our own Mortgage Company - Lakes & Hills Mortgage; we will work hard to help you find the best possible interest rates.

 #3  First Time Home Buyer Credit- Due to it's popularity the Home Buyer Tax Credit has been extended and expanded.  From now until April 30, 2010, first time home buyers and move up buyers have another great reason to get on the path to buying a new home!  The benefit to first time buyers is a tax credit up to $8,000 and for move up buyers a tax credit up to $6,500.  Homes must close by June 30, 2010.  See your Century 21 agent for more details...

 #4  Buy Best Schools - Whether you're thinking of buying a home on the MLS or possible a foreclosure bear in mind what kind of schools are in the area.  Foreclosures can be great deals financially but when you buy a house you are also buying the neighborhood and schools.  Some foreclosures are located in areas that have lost their stability which means that both prices and the quality of life could decline.  Go for areas with highly rated schools that typically fare better in a downturn. Parents will always want the best for their children.

  #5 Contact A Century 21 Realtor - One who will have your interests at heart and be sure to sign a Buyers Representation agreement.  This allows your Agent to work for you not the Seller.  Establish a good rapport with your Realtor and cultivate a working relationship built on mutual trust and respect. Your Realtor has a wealth of information and is ready, willing and able to assist you with all your real estate needs.