Everyone is talking about how bad the real estate market is and how troubled the economy is. The truth of the matter is that this is really a GREAT time to buy a house in Farmington Hills if you are in the financial position to do so.

Farmington Hills’ prices are at historic lows and what you can get for your dollar today is fantastic! Interest rates are also at all time lows making this a win-win situation when buying a house in Farmington Hills. I used to own several Farmington Hills rental properties and was able to get them at very good prices. A few years back I was thinking that those opportunities were long gone. Well, guess what? Similar opportunities have just presented themselves again.

This is a great time for Farmington Hills investors to get their feet wet and test their landlord skills. You’re seeing money rapidly dwindle in many traditional investments (such as savings accounts, mutual funds, stock market, etc.). Why don’t you invest in buying a house in Farmington Hills and watch your investment gain momentum once the market/economy turns around. What I see in the Farmington Hills rental market is encouraging for those investors looking to buy a house and rent while they wait for an opportune time to resell at a profit.

The government is offering up to a $7500 incentive for the first time home buyer making their first purchase even more meaningful and profitable (check with your accountant to see how this pertains to your individual financial situation). Some of our Farmington Hills first time home buyers are astonished at what the money can purchase. They are seeing themselves buying houses in Farmington Hills that are much larger and newer than they thought possible.

Truly, it is not a great time to sell in Farmington Hills. However, if you own a home there are alternatives to selling right now; and, these alternatives can free you to buying a house and enjoy it before selling your current home in Farmington Hills.

Don’t let the naysayers ruin your hopes and dreams of buying a home in Farmington Hills. If you are interested in investing in real estate, above all else, make sure you use an agent who is experienced to help you with your purchase – jump in to this buyers market and be pleased with your investment!

Posted on Friday, January 23rd, 2009 at 4:51 pm and is filed under Buy House. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.