July 11th: First Time Home Buyer Seminar

UPDATE: August 1st We’ll Present an Encore Presentation of this Class

On Saturday, August 1st, 2009 at 10am, we’ll be presenting our first time home buyer class in San Mateo. To sign up, please visit the August 1st sign up page.

You are just starting to hear it in the news and you may have read it in our May 2009 San Mateo real estate price report…San Mateo real estate is starting to resurge! The homes in good locations, served by good schools and priced right are selling quickly. Some are even seeing multiple offers. Though we aren’t seeing the crazy overbids of years past, San Mateo County homes are selling.

What Does this Mean to You?

If you are a San Mateo first time home buyer, you may only have a small window of opportunity left to buy San Mateo homes at the affordable levels we are seeing now. With multiple offers and the increased sales we’ve seen over the last 45 days, it is only a matter of time before San Mateo home prices begin to climb again.

This Market is a First Time Home Buyer Market…Why?

The group that will most benefit from this market are San Mateo County’s first time home buyers. Without a home to sell, San Mateo County first time home buyers can be flexible with their move in dates to accommodate sellers who need the extra time to find a property, they can beat out another buyer who has to make an offer contingent on the sale of their home and they are able to purchase San Mateo real estate market at more affordable levels than even a few months ago.

Add the $8,000 first time home buyer tax credit to the mix, which now may be used towards closing costs, and first time home buyers who plan to stay in these homes for more than 5 years are poised to make thousands in equity when it comes time to trade up.

What About Interest Rates?

San Mateo mortgage interest rates are at some of the lowest levels we have seen in years, making a San Mateo home purchase even more of a reality for first time home buyers. To find out how the mortgage interest rates affect your affordability, check out this blog post from Chris Williamson at the San Mateo Mortgage Blog.

How Can You Get the Information You Need to Be a Homeowner in 2009?

On Saturday, July 11th from 10am-12pm in San Mateo, will be presenting our first time home buyer seminar to San Mateo County first time home buyers.

Why Should You Attend?

In two jam-packed hours, we’ll be discussing the following topics:

• If your rent is more than $1,600, chances are you can be a home owner in 2009
• How San Mateo County first time home buyer’s can receive up to $18,000 for purchasing a home before November 30th, 2009
• How you can put as little as 3.5% down (or 0% down in some geographical areas of the Mid-Peninsula)
• You credit score and how it affects you as a San Mateo first time home buyer
• The pros and cons of buying foreclosures and short sales
• The steps to buying your first home in San Mateo County
• The 12 biggest mistakes even smart home buyers make and how you can avoid them

We will also have our financing expert and co-author, Chris Williamson of Mortgage California to answer your financing questions.

How Do You Sign Up?

You can sign up by filling out the form below or by calling (650) 655-2500. Registration is free, but space is limited so reserve your seat today before they fill up!

Miss this Class?

Visit our Class Schedule page to check out an updated list of our upcoming classes or call (650) 655-2500 for more information.

1. Your Name(required)
2. Email(valid email required)
3. Phone(required)
4. Are You ... (Check all that apply)
5. A First Time Home Buyer An Investor A Trade Up Home Buyer A Home Owner Looking to Refinance

 

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• San Mateo County Real Estate on the Road to Recovery?
• Paying More than $1,600 in Rent? You Could Own in 2009!

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