Paralyzed to inaction by the fear that interest rates or home prices might fall further? 

Have a strong belief in the magic of timing the market?

In this edition we'll take a rational approach to the home buying decision.

When it comes to rates and prices, there are only three options:

1. Prices/rates rise
2. Things stay the same
3. Rates/prices fall

Starting with a mortgage plan I will help you get your financial house in order so that you make the best decision at this point in time.

With all the bad financial news out there, some people refuse to consider buying a home.

Take a deep breath and let's explore the good news.

First Time Home Buyer's Tax Credit isn't just for first time home buyers, but it does require closing on your home by 11/30/09.  If you stay in the home for at least three years you can keep the $8,000 tax refund, plus enjoy the quality of life that the right home in the right neighborhood brings.  Call me for details.

Interest rates are a bargain for borrowers whose financial houses are in order.  Interest rates this low can give you purchasing power to buy a lot more home than just last year.  Let's run the numbers. In this video you'll see how the total impact of acting now could be worth nearly $38,000 for you in just two years.

Buy or wait?  Waiting could cost you $8,000 in real money plus make you wait to begin building both forms of home equity.  Both?  Yes, the equity that comes through paying down principal, and the equity that comes from appreciation.  The market may not have completely bottomed, but it's low enough to realize gains over the long run.

Enough theory.  Let's sit down and develop your mortgage plan.

When creating a mortgage plan I'll help you look at all the important angles, starting with

1. Your financial life
2. Your quality of life
3. Cash liquidity that makes quantity and quality of life possible

The headline you long to read is Home Prices Hit Bottom Today.

Problem is, you can only see bottom in a rear-view mirror. 

That's right, you don't know bottom until prices have gone up and stayed there. 

Yes, it's a buyer's market, but sellers have needs that must be addressed.  In this video we'll explore the psychology of both buyer AND seller in today's falling price market.

We'll talk about how to use the psychology of terms and price to strike a sweet deal and look at a scenario where paying $5,000 more on a house with the seller paying $5,000 in closing costs is actually the best deal (and maybe the only way to get the deal done).

It costs no more to engage a Certified Mortgage Planner™ in your home buying process, than to deal with a faceless person in a call center. Through a mortgage plan, chances are I'll save you money in both the short and long run.

Let's work through your specific situation. When it comes to mortgage planning, one size never fits all.