Saturday, September 18, 2010

8 Top Reasons for You to Buy a Home Now

The media is all over the board when it comes to homeownership and buying a home in this market. Best time to buy....don't buy now....blah blah blah...
Here is my ten eight reason's to buy a home right now...and some of these reasons are timeless.
1. Current home prices are still great...good time to save money. It's still a buyer's market which makes it easier/acceptable to play hardball. Don't try and catch the bottom of the market. No one knows where the bottom is till the market goes up and anywhere in this market will be great for the long haul.
2. Interest rates are at historic lows! I don't have a crystal ball but they just can't stay this low forever. The lower the rate, the more house you can buy for the same payment.
3. Uncle Sam Tax Break. If you itemize your taxes, you can deduct your mortgage interest and your property taxes every year. You don't get that opportunity when you rent!
4. It's your home....you will be able to do whatever you want in your new home...paint or move your walls as you wish!
5. Investment for your future. Buying a home is not a get rich quick solution. At least you will be putting your money in a vessel you can sell when you wish.
6. Can be cheaper than renting. In some markets, the payment on a home you will own can be less expensive than renting a home/apartment of a lesser quality and space.
7. Large Home inventory for better choices....relocations, foreclosures, and lots of unsold human preowned.
8. Markets are cyclical and this one will change too eventually....the glut will disappear and the interest rates will go up....we just don't know when.
For more information or a free San Antonio home search go to www.HollyGHomes.com

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