August 19th, 2012 10:43 AM by Nathan Rufty
If you have to live somewhere, right? Make the somewhere you own. Stop renting, that is just throwing your money away or move out of your parents home and make a home with your own stamp on it.
Purchasing such a larger ticket item in your life is tough to overcome, but once you do it, you will know it was the right choice.
First step is to speak with a Fully Licensed Mortgage Professional such as myself. We will need to review your finances, such as credit, income and the ability for a down payment. Once we have those items we can explore all available loan options on the market today so that we can present each one to you.
So the time to purchase a home is when ever you are in the position to do so, with the current rates as low as they are and home prices at a very comfortable level, this is a better time then years past.
With the shortage of homes on the market today to purchase in Rancho Cucamonga, California that will tend to push house prices higher because of the limit homes for sale.
Start your home search with a pre-approval letter in hand from a local direct mortgager lender who services 90% of the their loans, that way you know the type of loan you are obtaining and what purchase amount your budget will allow.
In today's lending environment, you will not find probably for a very long time interest rates as low as they have been these past few years. As of the past week the rates have increased by .50%. We all know it is harder to decrease something than to keep it from increasing. Do not get yourself priced out of the market by the rates or home values.
No better time than the present to explore homeownership in California, do not just think or dream about it, act and act NOW.