3 Reasons Now Is The Time To Buy A Home

Dated: 04/28/2014

Views: 858

The first reason to buy a home now is: it costs less to own than it does to rent.  Many people are under the misconception that renting a home is less expensive than owning a home.  In fact, due to high rental rates, lack of tax write offs, low interest rates and other factors it costs on average 38% more to rent a home than it would to own a home.  Don't keep paying someone else's mortgage buy a home and pay yourself. 

The second reason to buy a home now is: free down payment money.  You don’t necessarily have to save a large down payment in order to be able to purchase a home.  Thanks to down payment assistance programs; qualified buyers can get grant money of up to 5% to use towards a down payment and you don’t have to be a first time home buyer to qualify. The best part is that this money never has to be paid back!  Grant money is available to many people; not just low income families.  
The third reason to buy a home now is: low interest ratesInterest rates are currently very low but are projected to increase in the near future.  Often times I hear people say they want to purchase a home but plan to wait until their lease is up or something else happens.  When interest rates are just over 4% on a 30yr fixed rate mortgage this can be a mistake.  As interest rates rise the price of the home you can afford decreases.  Don't sit back and watch interest rates rise and the price of the home you can purchase go down. 
Whether you are renting or looking to upgrade your current home- now is the time to act.   I can help you make your dream of owning that special home a reality.  Call me today before interest rates go up!

Real Estate Resources- Tania May - Associate Broker - EXIT Realty DTC - Specializing in assisting first time buyers and seasoned real estate owners with residential real estate transactions in Parker, Castle Rock, Greenwood Village and Highlands Ranch.  Tania has 20 years of experience in residential real estate investment, and improvement for maximizing profit. Tania is well versed in all phases of residential construction.  Tania May  303-590-5223-Direct
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Sheryll White

As a Full Time real estate agent for the past 23 years, Sheryll has helped hundreds of home owners in Colorado buy and sell their homes. Sheryll's easy going, no pressure style and her in depth knowl....

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