Mortgages rates on 30 year loans have fallen nationally to the lowest level in more than two years, according to Freddie Mac.
If you have been waiting to buy, the right time may be now.
There are a lot of homes one the market, and, in some cases, you may be able to buy well below what a property would have sold for this past spring and likely lower than you would pay next summer!
I have also seen some incredible properties for investor/developers.
Some properties are in primo areas and need to be scraped. One in a very prestigious area surrounded by $1.5 million homes could be purchased and scraped. Look around! A lot of leg-work by you or your broker could prove profitable!
Monday, December 3, 2007
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