Monday, June 7, 2010

The AZ First Time Home Buyer And The Huge Smile

By Ellen King Stanton

If you have been spending the last several years working towards the end goal of being able to buy your first home in Arizona, you could not be in a better position.

Your timing for looking into getting this new home to become an AZ first time home buyer could not be more perfect. The obama tax credits for first time home buyers combined with the historically low interest rates have things pointing toward your home ownership in ways they never have before.

But do not be fooled into believing that everything will be a smooth ride as buying real estate, especially buying in a state as hard hit by the recent downturn as Arizona has been, demands that you do your homework.

One of the biggest hurdles you will have to face is whom you work with. The real estate lawyers in Arizona and the mortgage brokers...can you find them first through referrals of people you trust?

Are you able to call these people at the last minute to have them walk you through the anxiety and into the right frame of mind? Do you know people that have used them for their real estate transactions? Believe it or not, this comfort factor is an intangible but may be the biggest one there is. Being able to make a call and have someone calm you and your spouse down and explain things in simple terms is a huge asset and one that you should continually be looking for.

If you are serious in your efforts to become an AZ first time home buyer, ask around first. Start to listen to who people have used that they like and would recommend.

The desert is one of the most amazing places to buy a new home. Do it right...and let others lead you through their failures and successes.

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