TAX RETURNS ARE PERFECT FOR DOWNPAYMENTS!

Tis the season for tax returns, and what a perfect time to buy!! Spring is the beginning of Real Estate sale season and with rates still low and the market full of great homes for sale I suggest using that tax return for a nice down payment on your dream home. 

The down-payment amount on an FHA loan is 3.5%.  So for example, if you would like to purchase a home priced at $150,000, the down-payment amount that you will need for this home will be $5250.00.  Most sellers will help with some or all of your closing costs needed to close a loan therefore your down-payment amount plus a few other fees will be all you would need to close on a home priced at this amount.

Contact a Realtor to get started looking at homes in your price range.  Then put that tax refund to good use and become a home-owner in 2012!!