How to find and finance perfect starter home – Chicago Tribune
finance perfect starter home - Chicago Tribune" />Chicago Tribune, United States - 13 hours ago
They’re a madly-in-love couple in their mid-20s. He just started a good job with the federal government; she’s held an equally steady teaching position for several years. Their dream? To marry in a small ceremony and then buy their first home.
Yet this couple—like many in their age group—are scared of making the wrong decision. They wonder if they should wait until real estate values stabilize and the market feels safer.
But Tom Early, a veteran real estate broker, urges this couple and others like them to act now, seizing the opportunity to acquire a starter home at a bargain price.
“During my 25 years in real estate, I’ve never seen a better time to buy a home. The choice is fantastic and mortgage rates are as low as they’re going to be for the foreseeable future,” says Early, former president of the National Association of Exclusive Buyer Agents.
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