With the current recession many consumers have asked this very same question. Contrary to many peoples beliefs, this is an excellent time to invest in real estate market and obtain a great fixed rate loan. With fixed rates as low as 5% you can save a ton of money in interest charges on your mortgage. When selecting a property, the more difficult step in this process is making sure you are purchasing a property that will continue to appreciate in value. Selecting an experience and educated realtor can put you in the right direction of making a sound real estate investment. Therefore, take your time in choosing a property, being the odds are in the buyers favor. In this market the buyer has an advantage in the real estate transaction and can ensure you to receive seller's concessions and other perks! Though this is a difficult time in our economy, there are still more benefits to home ownership as opposed to other forms of housing. Should you have any other questions or concerns please feel free to respond to this blog or contact me at the office.
Regards,
Christopher Foster
Senior Mortgage Executive
2810 Georgia Ave NW
Washington, DC 20001
(202)234-8693 office
(202)234-0174 fax
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