Top 10 Reasons to Buy a Home Now
Written by Jan Lear, Agent in Riverbank
1) It's a Buyer's Market: You're in the driver's seat and can get a great deal on a new or existing home. Yes, dreams do come true!
2) More for Your Money: Home sellers are offering a host of incentives including credit to replace carpet and other fixtures to suit your taste, extended warranties and help with closing costs. New home builders are offering free upgrades, mortgage interest buy-downs and other incentives.
3) Financial Assistance: There are so many loan programs still out there to fit your particular needs. First time buyer programs, FHA, etc.
4) Interest Rates: Interest rates are at or near historic lows. Buying now can lock in low rates for the life of your mortgage.
5) Tax benefits: Uncle Sam knows homeownership benefits the nation and encourages it through deductions for mortgage interest and state and local property taxes.
6) Great Selection: Ample inventory of new and existing homes means more choices in all price ranges.
7) Equity: Homeownership builds equity for things like college expenses, consumer goods, retirement. Your 401K should be so useful!
8) Energy and Resource Efficiency: Newer homes are increasingly energy-efficient and are constructed with resource conserving materials and techniques to save you money.
9) Amenities: Homes offer so much more these days: Gourmet kitchens, mini-spa bathrooms, home theaters, etc. You want it, you can find it. It's all about you!
10) More Space: Whether it's for the kids, pets, in-home office, hobbies, in-laws. No explanation necessary! Stretch out and enjoy the comforts of a home of your own.