First Time Home Buyers

It is a great time to buy a house if you can afford it. That's because the market is flooded with vacant property and many people can't qualify for a loan or make a payment if they do get qualified.

Now for many that will seem like a good reason not to buy. Don't let the talk of the common or popular voices dictate you final decision. It's been my position since the recession began that as others dump or are forced out this will be a time to acquire good property cheap.

I don't think you should expect to flip but if you are interested in long term or buying for living in it, I think it can make a lot of sense.

However, I am not an expert and don't own a lot so don't take my speculation as a final word either.

Do yourself a favor and find out more information from smart people in the field and make your own decision.

Information about Buying a Home
Predatory lending information

Just remember, DO NOT buy a home just because you can. Do have money set aside for expenses and repairs because buying a home is like buying a car. There will be maintenance and breakdowns.

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