Tuesday, September 16, 2008

Many people have so much on their plates that is hard to think about the future. Whom will be the next President and how will they handle the economy in the U.S.? Is the government taking on too much bailing out institution after institution that have faltered with the poor real estate lending practices?

As a Realtor I do not think so. Helping these corporations to continue operating allows smaller companies to stay afloat. With the Government bailouts we are seeing a drop in interest rates which we all are hoping will stimulate the economy. I do not suggest for Americans to go further in debt, but invest wisely. One way to do this is buying your own home.

Now I know there are some out there who do not want the burden of ownership, they like to move often, not hassle with maintenance and invest in other ways, and that is okay, but for the millions of others wishing to own their own home, whether single family, condo, town home or a paired home you may be in luck. There are currently 1,465 properties for sale in Charles County, 990 properties in St. Marys County and 1058 properties in Calvert County. With over 3,500 properties listed in just Southern Maryland alone, buyers have an excellent chance of finding the perfect home to fit their needs.

What makes this even better is the dropping interest rate, which is now below 6% at this writing. We are seeing the down payment help go away, but are hoping that this will make a return in 2009. However consumers can still ask to have the seller help with closing costs. If you have been one of the many sitting on the fence trying to decide if this is the right time for you, give me a call and we can see what you qualify for and what is available in your price range.

Make the decision to be a HOME OWNER Today!!

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