Thursday, July 30, 2009

8 Reasons Why Now is the Time to Buy



Whether you’re a first time buyer or just looking for a new home, here are 8 reasons why NOW is a great time to buy!

  1. TAX BENEFITS: If you purchase a home before November 30th, you may be eligible to receive up to $9,800 in tax credits. You can even use a portion of the credit towards the purchase of your home.
  2. HOME EQUITY: Real estate is a great source for future credit. Homeowners are able to turn their equity into cash by refinancing. Whether you want to consolidate debt or remodel your home, you’ll have cash available to meet your needs.
  3. LOW RATES: Interest rates are still historically low and low rates equal low payments…or a larger home. You choose!
  4. OPTIONS: With so much inventory on the market, you have plenty of homes to choose from!
  5. FLEXIBILITY:
    The days of worrying about which paint colors you can use is a thing of the past. From tearing out walls to adding new rooms, home ownership allows you to make the changes you want.
  6. APPRECIATION: Housing prices typically rise over time, so purchasing a home is one of the best investments you can make. By purchasing a home now, you’re putting your money in a safe investment that is likely to grow.
  7. SECURITY:
    No more worrying about neglectful landlords, rent increases or recouping your deposit. When you buy your own home you can stay there as long as you like and fix your payments for up to 30 years.
  8. COMMUNITY VOICE: As a homeowner, you’ll have a stronger voice when it comes to your neighborhood association, school system and local government.

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