The first quarter of 2008 may be the best time ever for people who have never owned a home to jump into home ownership. Now is the time to lock in the amazingly low interest rates and take advantage of downpayment assistance programs before they're gone!
As of this posting, the 30 year fixed rate is 5.4%, combine that with Nehemia and Ameridream downpayment assistance programs and the vast amount of new and pre-owned homes on the market you have the "perfect storm" to find the right home for you.
If you plan on living in the Columbus city area (not necessarily downtown, but in the Columbus district), you may qualify (income qualifcation and education requirements) for downpayment and closing cost assistance through the "American Dream Downpayment Initiative Program" 
which will provide you with up to $5,000 towards your downpayment and closing costs.
which will provide you with up to $5,000 towards your downpayment and closing costs.Housing inventory in central Ohio is still very large and many great deals on homes are still out there. Consider buying a home like the stock market "Buy low and sell high". Well, homeprices are as low as they're most likely going to get, and you can get the money to buy a home at incredible interest rates.
So, not only do you get the best prices of homes, the best rates, the best downpayment assistance programs, you also can get buyer representation from a Realtor (me!) at essentially no cost to you!
For more information, please email me at: david.adrian@kingthompson.com.
