There may be snow on the ground, it may be freezing outside and cabin fever is surely at epidemic  proportions. But make no mistake, weather to the contrary, this is spring. At least it is spring in the real estate market. The Super Bowl is over and this marks the official beginning of the spring market here in the Chicago area. Traditionally, a good portion of the homes sold in any year are sold in the months between February and May. We haven’t had much of a spring market over the last 2 years, but all signs are pointing to this being a barn burner of a market, especially for first time home buyers. Not only are mortgage rates near their all time lows, but it is a buyer’s market and the government has extended the $8,000 first time home buyers tax credit. This could be the best time to buy a home for years to come.

So, if you are thinking about buying your first home, how do you start? One of my main focuses on this blog has been to educate home buyers on what they can do to take control of the process, avoid mistakes and save money. As a continuation of what I do here on my blog, I will be doing a free first time home buyer webinar on February 18th which will cover the entire step by step process of finding a home and getting a mortgage. This webinar will be focused on how you can buy with a low down payment, and it will be specifically for first time home buyers around the greater Chicago area.

Here are the details:

Thursday 02/18/2010 from 6:00 PM to 7:00 PM Central standard time.

You do need to register in advance. https://www1.gotomeeting.com/register/303507864

Some of what I will cover includes:

• Why this is the best time to buy a home in years, and the best time for years to come.
• How to qualify for your $8,000 tax credit.
• How you can avoid the big first time home buyer mistakes which can cost you thousands of dollars. 
• What you can do to put yourself in the best position to qualify for a mortgage.
• What lenders look for on your credit report, and what you can do to raise your scores and improve your credit
• What you need to know before buying a condo in Chicago.
• How you can buy with a low down payment, and possibly no money out of your own pocket.
• What you need to know about FHA, and why this is the most popular program for first time home buyers
• The steps involved in buying a home, from start to finish.

There will be time after the presentation for live questions from the audience.

If you are thinking about buying your first home some time this year, this should get you off to a great start. Again, here is the link to register:

Free Chicago First Time home Buyer Registration

Peter Thompson 630-479-6424

Illinois Mortgage Rates                   First time home buyer loans

Chicago Mortgage Company

Free Mortgage Quote:

Get Best Advice from illinois mortgage broker

Contact Your illinois mortgage company Today

Find the Maximum FHA Loan Amount in Your Area Here illinois FHA loans

Are you Looking for first time home buyers loan ? Find Free Tips and Advice here

How to update yourself with Current chicago mortgage rates ? The Answer is here.

Looking for mortgage chicago il

Chicago FHA loans

We Offers illinois home mortgage Loans with best mortgage rates