With home prices on the decline, the market presents the perfect opportunity for buyers to dive in and start snapping up properties. In particular, those who are looking to buying a home for the first time should take advantage of the situation, before home prices and interest rates start rising the following year. The smart Albuquerque first time home buyer will understand that the process can be confusing for someone without experience, and will enlist the aid of a local real estate expert like Chad Petty to close a favorable deal. Those buying their first home might want to consider a foreclosed property or a short sale. Such homes are typically sold at very attractive prices, and may be perfect for first-time buyers, who are typically younger professionals just starting to make strides in their careers. Acquiring foreclosed properties means the new owners get to pick up the previous owner’s equity, resulting to savings.
http://chadpetty.com/167/a-few-helpful-tips-for-a-fresh-faced-albuquerque-first-time-home-buyer/
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