Down payment requirements can be lower than many believe, and some programs allow for little or even no money down. FHA, USDA, VA, HUD, Homepath, 80/10/10’s, conventional loans-all can be used to facilitate a home purchase with less cash-on-hand than you might have thought possible.
Getting in a home while prices are rising can be a smart move. You’re allowing the market to build equity for you rather than racing it in an attempt to save faster than prices climb.
At the least, a free consultation and review will let you know what might be available for your situation. If you know where you stand, you can take advantage of rising prices rather than having them take advantage of you.