Opportunities for First Time Homebuyers during the Credit Crunch
0 Comments Published by chrismolnar September 24th, 2007 in Buyer Tips. by chrismolnarFirst time home buyers be aware there are great opportunities out there for you right now! Are you wondering if you should rent or buy at this time? With the rental market heating up and more condominiums on the market for sale, buyers do have choices and face less competition than in previous years. A loan product called “Acorn Loan” will allow first time home buyers to borrow up to $500,000 and 100% financing is available. So before you sign a one year lease to rent why not investigate if you qualify to purchase. A 1 bedroom condominium is being offered for under $300,000 in San Bruno and there are several units for under $400,000 in Belmont, Foster City and San Mateo. Don’t miss this opportunity to become a homeowner in San Mateo county.
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