First Time Buyers
There has never been a better opportunity for first time buyers! Congress has just extended the tax credit of up to $8000 for first time home buyers!! The credit comes right off the taxes you owe! This is an unbelievable opportunity. Rates are low and there are still several programs available to help you with a down payment. These factors coupled with the fact that prices are down for homes means that homes in the Denver Metro area have not been this affordable since 2000. Please see the example below:
Purchase Price: $120,000 3 Bed, 1 bath, Garage
Down Payment without assistance $3600
Closing Costs paid by Seller
$116400 mortgage 30 Year Fixed at 5.25% + taxes + insurance=
A Payment of $ 840.84 (estimated)
Plus Interest Mortgage Deduction and Future Appreciation!
This same property to rent will cost $1000 to $1100 per month.
Please call or write me to take advantage of this great opportunity!
