Now is a fantastic time to purchase a home, especially for first time home buyers.  Why?  Interest rates are at an all time low.  More homes are on the market to choose from.  For first time home buyers, USDA has a new loan program offering as much as 102% of the purchase price of the home, with other great features such as no PMI.  And for calendar year 2009, first-time home buyers may be eligible for a $8000 tax credit.

The home buying process can appear very complicated and with huge decisions.  This seminar will explain the major steps of the process and provide information that will whittle down decisions to a manageable size.  I will be on hand to present the process and answer real estate related questions.  Melissa Carpenter of CommunityOne Bank will be on hand to explain what you need to be thinking about to apply for a loan and answer loan-related questions.

The seminars will be offered on 3 dates:  Tues., March 17 at 6:30 pm.  Saturday, April 11 at 10:30am.  Thursday May 21 at 6:30pm. 

The location is the Boone Optimist Clubhouse located at 1012 State Farm Road [by the softball fields and across from the original Lowe's building]. 

We’ll cover:  the home-buying process [from deciding you want to purchase through walking in the front door of your new home], what information you need to get together to take to a lender, how the USDA guidelines may benefit you, information on the $8000 first time homebuyers’ tax credit, homes currently on the market, and consumer protection information.  You’ll take home a notebook full of information you’ll want to refer to during your home-buying process and the knowledge of how to take the first steps to buying a home.  You’ll have the opportunity, if you so choose, to talk individually with a realtor and a lender.

Refreshments will be served.

An RSVP is appreciated but not necessary.  To RSVP or for further information phone Helen Phillips at 828.264.1434 or email Helen@CoeRealty.com   Or phone Melissa Carpenter at 828.964.5544 or email melissa.carpenter@myyesbank.com.