GOOD NEWS FOR ARIZONA - FHA LIMITS BACK UP!!

OK, those of you sitting on the fence, it’s time to jump off.  The FHA limits were raised again.  This is treat news.  In addition, if you’re a first time home buyer you’ll qualify for the $8,000 credit if you purchase a home before the end of the year.  

The limits are:  sales price $358,000 the max financing loan amount (96.50%) can be $346,250 in Maricopa county.  Limits vary from county to county.  The information can be found on various sites.  I do have several names of reputable lenders that I’d be happy to share.  In addition, I’d love to help you find the perfect home.  This is truly a buyer’s market.  In addition, you don’t even have to look for a foreclosure or a short sale to find great buys!  

As always check with your financial advisor before making any final decisions.