Why is it a good time to buy a home?
It’s a great time to buy a home! Interest rates are still low and homes are very affordable. Our housing inventory is starting to grow and we are seeing more “standard” sales (owner occupants). No going back and forth for weeks or months with a bank owned home or short sale.
There are some great loan programs available for first time buyers with little or no down payment and you may qualify for down payment and/or closing cost assistance.
In many cases, your mortgage will be the same or less than what you pay in rent. Often times, you will end up bringing home more of your paycheck due to homeowner deductions and write offs…. It’s important to contact an accountant once you decide to buy a home!
Buying now is a great investment towards your future and you will be able to start building equity in your home!