Everyone knows there are good deals in real estate right now.  But, who has the money, right?  Well, if you're considering a purchase in a rural area, you might not need as much money as you thought.

Buyers that are willing to live outside urban areas can still take advantage of 100% loans through government-backed programs, such as the USDA Rural Development program.  Through this USDA loan, buyers can still borrow 100% of the purchase price, plus some closing costs can be financed as well.  In a time where most lbanks are requiring 5-10% down on owner occupied properties, this is a really attractive option.

When combined with the government tax rebates, all-time low mortgage rates, and discount-pricing on homes, this financing option makes now a better time than ever to consider a purchase.

If you're a homebuyer in general, now is a good time ... if you're a first-time buyer, now is a GREAT time!