Urgent! Many buyers are now getting desperate because the federal $8,000 tax credit requires closing by November 30th.
Most of the first time buyers in San Diego are looking in the $100,000 to $300,000 range and are finding very few choices. Many of the short sale properties will now not be closed by November 30th so now they have to look at normal resales ( few and far between) , new construction ( most of that dried up a while ago ) and bank owned properties ( usually not in the best condition and tough to qualify for FHA and VA loans ).
My suggestion - start looking right now or forget about the $8,000.
I'd be glad to help, just call me - we'll go over everything available in the current market!
Most of the first time buyers in San Diego are looking in the $100,000 to $300,000 range and are finding very few choices. Many of the short sale properties will now not be closed by November 30th so now they have to look at normal resales ( few and far between) , new construction ( most of that dried up a while ago ) and bank owned properties ( usually not in the best condition and tough to qualify for FHA and VA loans ).
My suggestion - start looking right now or forget about the $8,000.
I'd be glad to help, just call me - we'll go over everything available in the current market!
posted by Alan Schmitt | 9:36 AM
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