The low prices, high inventory and low interest rates makes this a great time for buyers.  Even better, first time buyers (no home ownership in the last 3 years) can take advantage of the Stimulus Tax Credit of $8000.  This is not a loan (the 2008 "credit" was actually a no-interest, 15 year loan) but an actual credit that reduces tax owed.

For further information on what this means for loan qualification, call Steve Tedrow at Winderere Mortgage Services.  Steve can be reached at 425-576-5461.