Should I buy now or wait until things settle?  Well that depends your current <a href=situation.  Are you living rent free somewhere or are you paying someone else's mortgage?  What was that I said?  Yes if you are paying rent you are paying someone else's mortgage.  Someone else is getting all the tax benefits of owning real estate and you are footing the bill.  How long do you intend to keep that up?

If your credit is in half way decent shape, you can pull together a down payment, and you have a desire to keep more of your hard earned money buying a home now is the way to go.  There is some great inventory out there and the interest rates are still very low.  We can't know how long this will last so what are you waiting for?

If you are ready or even if you aren't sure if you are ready and want to talk about it, don't hesitate to give me a call.  I work primarily as a Buyer's Representative and would love to point you in the right direction.  Call me to work directly with you if you are looking in the Greater Hudson Valley of New York or for a referral to an agent where you want to be.

I'm Paddy Pizappi - Work with Me and You'll be Happy!

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Paddy Pizappi, Associate Broker for Buyer Representation
 RJ Smith Realty - A Real Estate Solutions Company
Serving the Greater Hudson Valley of New York
from Pine Bush, NY at the corner of Orange, Ulster, and Sullivan Counties
Call or Text to 845-800-7086

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This post has been included in New York Real Estate News Orange County, NY Real Estate News Pine Bush, NY Real Estate News
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6 Comments on Stop Paying Someone Else's mortgage!

MAY
18
2011
308,789 Points 11 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Paddy,

 

Very good point!  Someone is paying the mortgage...and there are great tax benefits of owning a home....and certainly over time the increase of one's own equity!!!!
10:53am • #1
324,296 Points 32 Featured Posts Outside Blog

Thanks Lori There are so many benefits.  There are so many people who are waiting afraid of the future and they are wasting an awesome opportunity and throwing money away on rent
11:07am • #2
519,220 Points 12 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

This is a great post.  I am going to reblog it.  Hopefully you'll get some people off the fence.
8:45pm • #3
MAY
19
2011
324,296 Points 32 Featured Posts Outside Blog

Thanks Stacey.  I hope it does.
6:18am • #4
MAY
20
2011
466,662 Points 2 Featured Posts

Paddy, I agree it's a great post. Haven't stopped in for awhile and I see you have a great new haircut - Love it!
2:02pm • #5
DEC
03
2011
405,947 Points 8 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp

Great point and so true. Right now prices and mortgage rates are so low, if you have the down payment your monthly payment might be less than the rent payment.
9:12am • #6

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Paddy Pizappi PineBush & Hudson Valley NY Real Estate

Pine Bush, NY

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RJ Smith Realty Real Estate Solutions

Address: 55 Main St, PO Box 668, Pine Bush, NY, 12566

Office Phone: (845) 744-2095 x 326

Cell Phone: (845) 800-7086

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My blog will deal with working with buyers, my life as a mother of 3 teenagers and how to fit real estate into the other aspects of my world. I will also speak on volunteer efforts to assist my community

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