Now may be the best time to move from renting to owning!!
With the Housing Prices fallen to an ALL-TIME Low, 1st Time Home Buyer’s Tax Credit and Historically low Mortgage Interest Rates; now may be the time to decide to move out of rental you live in and find a place to call your own!!
The market has never been better for a Buyer looking for that awesome deal!! Why wait for the media to say, “Hey Public, the Market is starting to go back up and the Bottom is behind us.” When that happens, then the opportunity to get your best deal has already past. So many people are sitting on the fence thinking I might want to see what happens next. See what more can the market give on real estate deals.
Well, to answer that question, Not Much More!!!! If you were to buy a home today and have a mortgage for 30 years, you would have a rate somewhere probably under 5% (as it stands now). That is unbelievable and ridiculously awesome!! Plus, the price on today’s homes are so low, you would be getting a home that was worth quite a bit more in the past few years. After all, remember, the housing prices are at an all time low. Another thing, if you have not bought a home in the last 3 years, you could also qualify for the tax credit of $8,000.00.
With all these incentives, now is THE Best Time to Buy a Home!! The low prices, low interest rates and tax credit could justify moving from renting a place that someone else owns to buying a place to call your own. This should be the motivation to start looking and jump off that fence. Wouldn’t you think it was the right choice to have a mortgage that cost less than your rent? I think so!!!
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