For many families, now might be a great time to buy a home in Massachusetts. Home prices are down, interest rates remain low, and affordable financing is available to qualified borrowers. And this weekend and next, the process gets easier through 10 “Opportunity Knocks” homebuyers fairs and open houses at malls across the state.
The “Opportunity Knocks” program is part of the Patrick-Murray Administration’s affordable housing efforts, and is co-sponsored by the Office of Consumer Affairs and Business Regulation, MassHousing, and several other partners. The events are held at malls across the state on May 2 and May 9.
“Opportunity Knocks” gives prospective homebuyers information on how to apply for affordable, safe, fixed-rate mortgages from MassHousing, and affordable fixed-rate SoftSecond mortgages from the Massachusetts Housing Partnership. One of the innovative aspects of Opportunity Knocks is the availability of listings for affordable properties where Realtors will be hosting open houses the weekends of May 2-3 and May 9-10. These homes will be selected to fall within MassHousing’s purchase price limits to be affordable to low- and moderate-income families.
Whether you live on the North or South Shore, Cape Cod or the Berkshires, or anywhere else in Massachusetts, opportunity will be knocking May 2 and May 9 for homebuyers. Good luck, and happy house hunting!