Buying a home in the recession...Is it possible? HELL YES!!!

If you live in New England like I do, you'll see that rent has blasted through the roof. Most one bedroom apartments are well over $1000 a month now, so imagining what a two and three bedroom costs should be fairly easy. "So where I am going to live now?" is what most people are going to ask. Well its clear the answer should not be an apartment. With the price of homes plummeting in these hard and endearing times, buying a house or condo/townhouse can easily be the more affordable option. Just a few days ago I was looking at homes myself and found a four bedroom, two bathroom single family home with an asking price of $60,000. Do you know what the monthly payments of a home that price is? Take a look for yourself: CLICK HERE With many first time home buyers programs out there, down payments and closing costs can be drastically reduced. The most popular affordable laon program is known as the FHA LOAN. Your down payment can be as low as 3.5% of the purchase price, and most of your closing costs and fees can be included in the loan. It may also include fixer-upper costs and "Green" costs. You may even get a tax return of specific energy efficient upgrades or installions.Check it out here. Its a prime time to be buyig an affordable home. Get your home today while the economy is still the way it is. And if you take care of your property and raise the value, it will also help the economy. We all have to do our part. GOOD LUCK!