Here are reasons why it is a good time to buy:

• Interest rates are really low (5.25%.) They were a little lower last month but these are still great rates
• Number of homes on the market
• Number of motivated sellers. Either paying two house payments, facing foreclosure, moved to a new house or different city
• If you are a first time home buyer-How about a 8k tax credit. Most are approved for this FREE money that you DON’T have to pay back.
• Knowing that you are helping the economy and helping someone that needs to sale their home

This are just some highlighted reasons for buying a home right now but I understand every situation is different. There are still programs out there that you will need minimal down payment to buy a home. FHA loans need 3.5% to put down. There are some housing programs that will get you a 3% down payment where you will have to only put down a 1/2%.

Call or email me for a FREE consultation to see if now is a good time to buy. Most people plan at least 6 months before buying their home and sometimes we need to get a game plan together to get you on the right path of home ownership.

For all of your Birmingham Alabama real estate needs contact Gusty Gulas with RE/Tec Brokers at 205.218.7560 or email me at gusty1305@gmail.com.