WHY NOT!

Condo sales have been at their highest for eight straight years. Some of the reasons are low interest rates, more people are qualifying for first-time homes, and many are choosing condos for value and ease of maintenance. As the 'Baby Boomers' reach their 50-plus years, many are becoming empty nesters and are downsizing. The action is particularly hot in coastal regions where customers are seeking second homes that might eventually become primary residences in retirement. In fact, many new condo units are being snapped up at the preconstruction stage by investors betting that rising prices will allow them to resell their units at a profit before or after closing. It's not uncommon for 50% of the units in a new development to be sold withing the first week or two of offering them for sale.

Call First Choice Mortgage today at (800) 685-4620, and we'll help you decide.