There’s no time like now to buy your first home, for a couple of reasons. First, that awesome tax credit of $8000 that’s due to expire December 1st of this year.
Second, the mortgage rates have started to climb so want to lock in low. Third, the inventory of homes is dropping and therefore the driving the prices up. Just to clarify: first time home owner applies to anyone who has not owned a home within the last three years. To read more about why it’s a good time to buy your first home and what you need to do go to: http://www.detnews.com/article/20090615/BIZ01/906150359/It-s-a-great-tim...