That’s an interesting question…While crystal balls seem cloudy at best, the overall consensus seems to be doubtful that there will be any significant additional reduction in mortgage interest rates.  With that being said and the exciting tax credit of up to $8,000 now available for qualified first time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009, what more could you want?  There are still a few 100% mortgage loan programs available, this is a buyer’s market with ample selection and there’s an up to $8,000 tax credit floating around out there.

It’s time to go for it!

It doesn’t get much better than this in Glen Allen! Selection is great and it is very possible to negotiate to have the Glen Allen seller pay closing costs. Glen Allen housing prices are generally down and there’s a tax credit… now’s the time.  As a first time homebuyer, how do you start?  Start by selecting your REALTOR®. Real estate is a service industry with varying levels of expertise. For purchasing, it is smart to engage someone who represents you as a Glen Allen first time homebuyer. It’s not a bad idea if they are an Accredited Buyer Representative, ABR and the Certified Residential Specialist, CRS designation will ensure they have both education and experience that far exceed the minimum licensing requirements.

Make sure you feel comfortable with the Glen Allen agent. Having a good relationship with your REALTOR® makes the whole process less stressful and more enjoyable as a first time homebuyer.  Chose someone you feel you can trust and always be honest with him or her.  Make sure they are willing to answer questions and remember this person should be your chief resource for information.  It is often easier to find a Glen Allen house you want to buy than to find a REALTOR® with whom you feel comfortable and know they are working with your best interests as the utmost importance. The right REALTOR® can make the whole process as a first time homebuyer in Glen Allen a good experience, don’t settle for less.