Last week the NY Times posted an article about how home buyers are currently in possibly the best position in decades to get the best bang for their buck when buying a home.
With interest rates at a super low 5.5% and the number of homes currently on the market, now is the time to buy a home.
In the Topeka area, home values have not declined like other cities you have heard about in the news. Values have remained fairly stable over the past 12 months and investing your money in a downpayment is definately a better solution than letting it sit in a savings account, get out there, get pre-approved and buy a home. Some will look at this opportunity we have today in the future and kick themselves for not taking advantage when the opportunity was at it’s best.
If you are one of the many individuals hesitating because you think you have credit issues and are not sure you can buy right now, there is no time like the present to get a copy of your credit report and start the cleanup process. This process may take a few months, but by just getting started and initiating a plan, you should still be able to take advantage of the great rates available. This article give suggestions on how to take action against shakey credit issues.
