FIRST TIME HOME BUYER TO PUCHASE NEW HOME OR BANK OWNED HOME
The new home builders are starting to market pretty heavy on the benefits on purchasing a new home may be better than purchasing a bank owned property. Why? The bank owned properties require money out of pocket to fix up compared to a new home. It may be a better decision to purchase a new home when being a first time home buyer. Many things come up when owning a home. There is something always to repair. However, purchasing a bank owned property when someone is handy, has time and money.
There are always things to fix in a bank owned property such as:
- New cabinets
- Carpet
- Paint
- Landscaping
- New A/C
- Broken windows
I am sure I can fill up this post of items needed to be fixed when purchasing a bank owned property vs a new home. We have developed a perfect opportunity for first time home buyers with mortgage rates low, home prices low and the $8,000 tax incentive driving home sales here in the Phoenix, Arizona real estate market. We are at 2002 real estate prices. This opportunity will not last forever as supply continues to decrease and demand increases. Jump into the game!
The new tax incentive program has been offer to people who have lived in their current home for five years or more will be eligible for $6500 tax incentive. I am teaching people to keep their existing home as a rental and purchase another home with low down payment and low rates. Another great way to get into the real estate investing game.
Another great advantage of purchase a new home is it is UNDER WARRANTY.
SEARCH FOR BANK OWNED ARIZONA PROPERTIES
QUALIFY FOR A HOME MORTGAGE OR REFINANCE
Make the Call, Set the Plan, Do the Deal$!
Feel free to listen to my Radio Show to learn more about the phoenix real estate market, new trends, and the latest opportunities. The Real Estate and Beyond Radio Show Airs every Saturday from Noon-2:00pm on Conservative Newstalk KKNT 960am in Phoenix, Arizona. You can listent to past shows, or stream on-line.
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