As a realtor I am often asked if I am worried about the housing market right now, and if this is a good time to buy. I always answer the same way. Our market is not seeing the fallout that the rest of the nation is seeing and that is good for sellers. We are seeing some real cost reduction though, and that is good for buyers. If you are holding out for prices to hit the bottom, this might be the time that you have been holding out for. Sellers are willing to negotiate right now, and you just might find exactly what you are looking for, at a price you can't refuse.
But, what about all of the foreclosures that we are seeing nation wide? Is that going to affect your chances of getting a loan? Of course it is. In order to insure that you don't end up just another forclosure statistic, the banks are requiring better credit scores, and the zero down payment mortgage is nearly dead, but don't get worried just yet. There is still plenty of mortgage money available, and you don't know if you qualify until you talk to a lender. Government backed loans, down payment assistance, and even grants can make it possible for you to become a homeowner.
Still worried about taking that first step? WSHFC sponsors classes for home buyers. These classes are designed to answer all of your home buying questions, they are frequent, local, and best of all free. (In fact, if you attend the class that I teach, we even provide you with lunch.) It is a great opportunity to get the answers you need before you start the process. Contact me for class times and locations.
So, why buy now? Interest rates and housing prices are great right now, and sellers are willing to make you a deal. Why not start investing in your own future. Why not buy now?

rebecca@exitrealtybellingham.com
(360)441-4560