It's a great time to buy in Honesdale, Pennsylvania...
By Tim Meagher
(RE/MAX WAYNE & RE/MAX BEST Real Estate Broker)
Just wanted to let everyone know that right now could be the best time in our lifetime to purchase a home. Here are a few of the reasons why: Mortgage rates are at an all time low, hovering right around 5%, but by paying a point or more you can even get into the 4.5%-4.75% range. Rates like these only come around every 20 years or so. Second, the home buyer tax credits are still available, for first time homebuyers and now for existing home owners who would like to purchase their primary residence. First time home buyers can get up to $8,000 in tax credits and existing home owners can get up to $6,500. Third, there are a lot of houses on the market, and the majority of sellers have realized that in order for their home to sell in this market, they have to be very negotiable and ...
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