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Tom Lyons
Real Estate Expertise
Phone:
925.216.1105
License #:
01111027
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Buying a foreclosure or short sale |
 Foreclosures, low interest rates for and low home prices have made homes affordable once again. The Spring/Summer of 2010 is an ideal time for first time buyers to consider purchasing a house. Plus, the federal government first time homebuyers $8,000.00 tax credit is valid through 6/30/2010.
Once you've decided that it's time to buy a house, whether your first home or a larger trade up home, first ask yourself a couple of questions.
How soon would you like to buy? Where would you like to move? Which city? Neighborhood? School district? All of these are key questions to answer. One of the first questions to tackle is ... which price range are you looking in? How much monthly house payment can you afford? What loan amount will a lender approve you for?
One of the first steps in the home buying process is to talk with a lender and find out how much of a monthly house payment you can afford, and be approved for. Get a pre approval.You'll need a preapproval if you're thinking about buying a foreclosure .... which offers the best home values on the market today. This window of opportunity, in 2009-2010, to buy a foreclosure at a great price will not last forever. Lenders who own foreclosures require that the buyer has a preapproval to submit with their offer. So if you're serious about purchasing in 2009-2010 please consider speaking with a lender. We can help as we work with only reputable local lenders here in the Tri Valley area.
Or simply click on the buyer links below.
Thank you.
Home buyer tips for 2010 Search for homes at realtor.com
Buying houses at foreclosure
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