First Time Home Buyers, Georgetown, Round Rock and Austin Texas
Are you still paying rent. I know times are uncertain but this maybe the right time to purchase your first home. Interest rates are at all time lows and inventories of available homes are a bit high, these conditions make home buying much more affordable. You can purchase almost 20% more home now than you could in early December 2008 just because of the drop in interest rates. Also the more homes on the market you might be able to find a well priced home that fits your needs.
The government has also assisted you by giving you a tax credit up to $7500.00 if you purchase your first home before mid-2009. Although I'm no tax expert, if you have not had a home in your name for 3 years you still qualify for this credit.
So in summary, home prices are great, home choices are excellent, affability is very high and the government is going to give you up to $7500.00 to purchase a home.
Why are you still renting?