Q: Before the tragic events on Tuesday, we were planning on buying our first home by the end of this year – we are targeting a December close date. We’ve consulted a Mortgage broker and have a Good Faith Estimate already. We have also paid some of our debt down and are now saving our down payment. Tomorrow is our first meeting with our real estate agent.

Should we still try to buy a house right now? We think that we should still buy now and take advantage of the interest rates. Especially since no matter what happens, we have to pay for a place to live and we’d rather own than rent. We would really appreciate your input on this.

A: I think that now might be a good time to buy a home, if you buy the right home, in the right location at the right price!!

There will be more and more homes coming on the market, so as a buyer, your timing is good. You may have more homes from which to choose and you may be able to negotiate a better price.

Work closely with your real estate agent and I wouldn’t worry about moving too quickly. By October/November, sellers may be nervous, which could mean a good deal for you.

Do take the time to get preapproved for your home loan. It will help you when you make your offer. And, remember in Georgia, there’s no one who doesn’t have a vested interest in seeing your home close (that means the broker!). So watch out and arm yourself with knowledge.

I humbly suggest you pick up a copy of my book, “100 Questions Every First-time Home Buyer Should Ask” (2nd Ed). Find it on my website or at “www.Amazon.com.” It will help educate you on the process from start-to-finish.