Roscommon County Sold Statistics First Quarter 2009
Sold Statistics Report for the first quarter of 2009
compared to the first quarter of 2008
If you are a buyer, now is the time to buy. Buying investment property or your first home, owning property can be very rewarding. Interest rates may not remain this low for long. Today 4-11-2009 the 30 year mortgage rate is only 5.06 %. This means you can buy a $75,000 property for only $405 per month assuming you use a zero down mortgage. Buying now is cheaper than renting. Start tomorrow to own and build equity instead of building equity for your Landlord! There are still buyers that won’t shop for a home because they believe you need money down to buy. Right now the U.S. Federal Government is participating in crediting first time buyers with 10% of the purchase price up to $8,000, but you must act soon because this program will be over before the end of 2009. If you use a Zero Down Rural Development loan to purchase the home you could use the Federal Stimulus money for other needs such as moving, remodeling or buy appliances.
Disclaimer:
The data shown is from the statistics from the Paul Bunyan MLS Inc. Users should use the data for informational use only. Ken Carlson Realty PC does not guarantee the information for any specific purpose.
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