Affordable Housing for First-time Buyers

Now is the time for parents to help their children buy their first East Bay home. The meltdown on Wall Street coupled with foreclosures, dropping home values and tightened credit are creating a “perfect storm” of opportunity for parents with solid credit.

Who the heck knows what will happen next week, but right now with mortgage rates plummeting, great home deals at an all-time high, and banks desperate for cash and rock-solid loans – it’s time to strike!

The challenges for first-time buyers in the Bay Area are considerable. Many turn to their parents for help in buying their first home. There has not been a better time for parents to help their children buy their first home in the East Bay.

The media is doing a great job in scaring the hell out of people and that is helping to create this window of opportunity. The general public sees the Wall Street meltdown as one more reason to wait, but the havoc on Wall Street is what is causing mortgage rates to drop.

The foreclosure rate actually dropped in August. We could very well be seeing the greatest opportunity to steal a home deal for a long, long time.

Not everyone is in a panic. Investors are flocking back into real estate. Contact Paul (925) 963–4246 f you want to buy a home in the East Bay.