If the current opportunities and incentives aren't enough to get you serious about real estate then face reality, you'll always be a renter. Well, maybe not always but you would've squandered an historical opportunity to make a nice profit from buying a home. California residents who are in contract by April 30th 2010 will receive better incentives than most other States.
Alot of wealthy people created their wealth from real estate. Why not follow their lead? Most started with a condo or a starter home and kept buying. Imagine if you owned 3 rental homes free and clear, collecting the monthly rent. If it's enough you wouldn't have to work any more.
10 Incentives and opportunities to buy now:
1) $8,000 First time home buyer federal income tax credit
2 )$10,000 California State Tax credit
3) Sellers are likely to pay your closing costs
4) These are low prices for San Diego county real estate
5) Historically low 30 year fixed rates
6) Loans over $417,000 now qualify for low FHA and conventional rates
7) Fannie Mae Homepath financing doesn't require an appraisal and also offers renovation loans
8) PMI is tax deductible (consult a CPA to verify you qualify)
9) 100% purchase loans without PMI available through USDA financing
10) HUD’s Good Neighbor Next Door Program sells homes at 50% off list price
If this doesn't get you going nothing will. I understand that not everyone can or will own their own home. Maybe their job requires them to move constantly or a recent event like a bankruptcy prevents you at this time. For those of you who stay in one place and could or might qualify, your landlord thanks you. Your landlord has to have someone to pay them rent so they can pay off their real estate investments. I'm sure they appreciate your commitment.
If you want to pay off your own investment instead of theirs then contact us. You will find everything you need to get started on our website. We even post up to date rates with loan fees next to them so you don’t have to guess as to what it will cost you.

Serving California since 1977

First Priority Financial is licensed by the California Department of Real Estate #00654852 Nevin#01366552
3110 Camino Del Rio #311 San Diego CA 92108
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(888) 206-5781
Also licensed in Oregon, Washington & North Carolina