Is it freezing where you are today? What is the forecast for tomorrow? In Arizona you need to decide if it is formal shorts or Golf slacks and flip flops are also OK. We have an average of 339 days of sunshine a year and for 8 months of the year it gets no better than Arizona. The market is ripe for the perfect storm, low rates, buyer incentives and plentiful inventory.

Most banks are requiring only three percent down payment and on a 200K home that is only 6K. Rates are totally negotiable but it is important that you get pre-qualified before you start to house hunt. There is nothing worse than finding a home you have only dreamed of and get it for a steal, only to see your financing unwind before you. Most people make the mistake of counting on that last prequal from your last lender who may or may not be in business anymore. Many more still do more damge to their credit by having their credit ran several times a year. You have a window of 30 to 75 days to get your credit ran an a loan established as the banks will be able to see you are doing your homework finding the best bank and terms. People who get their credit ean arbitrarily thru the year are dreamers, and the banks know it, hence the denials.

If you have a lender great, you should still shop them to be sure it is a good deal. Once we have that set up we can really start to look and we will find, that home you only thought was a dream.