Now is the time to buy a home in the Greater Fall River area! There are tons of homes on the market and mortgage rates are terrific. ( See Mortgage Rates Reach Record Lows). With decent credit and as little 3.5% down, you could be in your own home in no time. Programs are available for first time home buyers with 10% down (and good credit) to get a 30 year fixed loan in the 4’s with no PMI! Many homes in rural areas qualify for USDA zero down, 30 years fixed loans with no PMI. Visit USDA site for info.
I recently searched MLS for single family homes currently for sale in Fall River and found there are 129 homes available with asking prices between $150,000 and $250,000. In the same price range Somerset has 50. Swansea has 43, Dartmouth has 45, Westport has 11, Freetown has 14, and Dighton and Berkley each have 6. That’s just over 300 homes for sale in the Greater Fall River area, and if you’re in the market for something a little more pricey, these same communities have another 426 ranging in price from $250,000 to $500,000, and yet another 136 more ranging in price from $500,000 to one million dollars!
If you have been thinking about finding your dream home, or maybe you would like to take advantage of bargain prices for an investment opportunity, now is the time to act. Housing inventories include a mix of conventional, short sale, and bank owned properties. Some are in pristine, move in condition, some are handy man specials and fixer uppers, and some require complete rehab, but the selection is great, prices are down and financing terms are tremendous! With mortgage rates at record lows, now is the time to buy a home in the Greater Fall River Area!
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To learn more about the opportunities in the Greater Fall River area, visit my website at http://www.stevew-homes.com/ or contact me directly at 508-558-8035.
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