Tuesday, November 13, 2007
I just toured a wonderful 4 bedroom, 2 bath home just south of Wilow Glen in San Jose. This house was on a perfect street, good curb appeal, nice lot and just needed some tender loving care on the inside. For $599,000 - a price point that hasn't been broken in a long time - it is a very good opportunity. The market is soft right now and more so because it is the end of the year, best to buy now and watch the spring that will happen in the Spring!
I am having a client pre-approved for a loan to buy a house in the Valley. The loan program that my lender is using will give him a cash down payment to assist him to qualify for the loan more easily. This program depends on the client's income vs. the amount of people he supports in his family. In his case, the top income threshold is over $100,000! This is a fantastic program for first time home buyers and well worth asking about. For more information, drop me a line.