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Friday, June 19, 2009

FIRST TIME HOMEBUYER: The decision to buy in this real estate market....

The decision to purchase a new home is a big one. For many of us, the decision to purchase a home is one of the most expensive decisions we will make in our lives.

A friend of mine once quipped that the decision to marry his first wife was the most expensive decision he ever made. I think he was referring to the alimony!

For a first time home buyer the decision to take that step is difficult.

The unknowns are plentiful while the knowns are scarce. Still, a well reasoned approach will result in the right answer.

I am not one to encourage anyone to extend themselves beyond their comfort level. Many of us have done that (or thought we had) at some point and it is not a good feeling.

So, is it a good time to buy a house in Viera, Rockledge or Melbourne, Florida? It may just be the time. And then again, it may not be. Only you, the buyer, can answer that question.

If you are considering a purchase, call me if you have questions. Sure there is the $8,000 tax credit available for first time buyers. Sure, the prices are very attractive. Sure, there are short sales available.

Gary Waters, Century 21 Baytree Realty, Rockledge, Florida, 321-693-3850.

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