…. now is not the right time to buy a new home?
September 21st, 2009 | 
Author: This question still seems to be bugging a lot of people. If you listen to Realtors® or mortgage lenders (like me) or builders, or a myriad of other pundits, it is the ideal time to buy a new home in Eugene or Springfield or Cottage Grove or Creswell or Veneta or Florence or Oakridge or any other town or city in Oregon. Overall, it think that they are right, however, in some cases, now is not the time to buy a new home.
For instance:
If you are a First Time Home Buyer and don’t know what you would use the $8,000 tax credit for….now is not the right time to buy a new home.
If you are paying rent on an apartment and buying a new home would not increase your monthly outgo and you enjoy hearing your upstairs neighbor’s TV at 3 a.m…….now is not the right time to buy a new home.
If your child is going to school at one of our fine universities and you can make an investment in a home but prefer they live in the dorm because of socialization…..now is not the right time to buy a new home.
If you are living in a home that is too small but don’t want to sell it for less than you think it was worth to buy one that is definitely selling for less than it is worth….now is not the right time to buy a new home.
If you think that all of this is hype and property values are not going to come back up (like in previous cycles)…..now is not the right time to buy a new home.
If you don’t believe that you want to live in Oregon……now is (definitely) not the right time to buy a new home in Oregon.
If you believe that interest rates will get lower and prices will get lower and the government will pay you more to buy a new home later…..now is not the right time to buy a new home. (however, I think you are wrong.)
If however, you don’t fall into these categories, I think you should call me right away so we can see if you qualify to buy a new home in Oregon (also Washington and California). I know the programs that are available and am ready to see if we can get you on the road to homeownership. Call me today at 541-342-7576/541-221-3455 Cell or e-mail me for more information.
Posted in Bank Owned properties, Down Payment Assistance, Eugene Oregon, FHA Mortgages, First Time Home Buyer Tax Credit, Lane County Oregon, Mortgage Loans, Springfield Oregon, USDA Rural Guaranteed Loan, VA Mortgage Loans | 
Tags: $8000 tax credit, 100% purchase, Cottage Grove, Creswell, Down Payment Assistance, Eugene, First Time Homebuyers, Junction City, no money down, Oakridge, SHOP, Springfield, springfield home ownership program, usda rural guaranteed mortgage loans, Veneta
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Fred – Yep… Now could definately NOT be the right time to buy a home for a handful of people… but for the majority of folks out there? Time’s a Wastin’!
My feelings exactly Eleanor. However, not everyone agrees with us….too bad.