Renters tired of kissing their rent money goodbye every month should seriously consider buying an entry level condo this fall. In the Agawam area, there are several for sale in the $80,000 to $150,000 range. With a condo there is no exterior maintenance costs so you won't need to purchase lawnmowers,rakes,snowblowers, exterior paint, roofing, siding, etc.
Rates dropped this past week and are expected to drop next week when the Fed meets. This could qualify renters who could not previously afford to buy a place. If the renter has decent credit and a few grand (get help from relative if you have no cash reserves) there are still 100% mortgage loans available, through solid direct lenders who will be up front with their terms and won't leave you stranded at the closing table!
With lower home prices and reduced mortgage rates, it's actually a great time to become a "first time homebuyer" . Call me and I'll walk you through the entire process from financing to home inspections to insurance and utilities sign-ups.
Brenda 413 263-3880
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