Is It Still A Good Time To Buy A House In California?
The answer would be, "YES".
Now is still a great time to become a homeowner, especially as stated in this recent KCM blog, "Nationally, rates would have to rise to 10.6% for renting to be cheaper than buying – and rates haven’t been that high since 1989."
In California there are numerous types of real estate financing including traditional or conventional financing options and then alternative financing known as Hard Money or Private money loans. Each has it's own qualifications, some more strict than others.
Contact your local Broker or Loan Originator and GET PRE-QUALIFIED. Even if you think you don't qualify - find out for sure! It truly is just a math equation as to what loan program is best for you to buy now.
Best, Ken - Another Guy in the White Hat
Sun Pacific Mortgage & Real Estate
Hard Money Broker Serving all of CA since 1988!
(707) 523-2099
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