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BEST TIME EVER FOR BUYERS TO BUY IN PHILLY!

September 8th, 2008 | Author: georgine

Because as of September 8th …

1. Rates were just reduced to 5.875 w. 0 points

2. The Feds are offering a $7,500 interest free loan to buyers making less than $75K or couples making less than $150K combined until July 1st, 2009

3. There are a wealth of properties to choose from …www.atacangroup.com

4. Sellers are eager to negotiate

5. Developers are ready to throw in loads of incentives

6. Concessions, repair requests and leave behinds are readily negotiated

7. Rents are rising! There has never been a more expensive time to rent in Philly

8. It’s not Spring. Most people buy and sell in the Spring.  Be one of the few to make an offer in the Fall or around the holidays and LEVERAGE

9. Forbes just ranked Philly as the 4th best U.S. city to buy in http://www.forbes.com/2008/07/14/housing-buyers-list-forbeslife-cx_md_0714bestbuy_slide_8.html?thisSpeed=30000

10. And as always… the tax deductions, equity build up, appreciation and pride of ownership are still compelling factors!

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