Think about this if you are considering buying Athens, Georgia real estate!

 The puzzle - is now the time to buy Athens,GA real estate?One of the most important things to remember when you are considering buying a home is :  Be honest with yourself.  Explore your motivation -  if you are considering buying real estate because "now is a great time", it may not be your time!

There are some reasons that it may be a good time:
  • "First time buyers" that qualify can receive an $8000 tax credit.
  • Buyers can receive a state tax credit from Georgia.
  • Inventory is high.
  • Rent prices per month in Athens, GA often excced the monthly mortgage payment.
There are many reason that now may not be a great time:
  • You may benefit from cleaning up you credit - receive a lower interest rate.
  • Real Estate prices may continue to decline in the area you are interested in.
  • You consider real estate an investment , instead of shelter.
Just make sure you know what you are getting into and understand all your options!

Now, click here if you would like to search for Athens, GA real estate, including the surrounding area.

Michelle DeRepentigny, Broker of Success Realty - your Athens, GA real estate specialist                                                                            

Posted by Michelle DeRepentigny at 7/16/2009 3:14 PM
Categories: Money Matters, Buying a Home
Tags: home buyer tips
 

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