When Buying  A Ludlow VT Home Makes Sense

 

The housing market has never been better for many potential Ludlow VT home buyers. In fact, more often than not, it is less expensive to own your own home rather than rent.

 

The National Low Income Housing Coalition reports that in 57 out of the 100 most populated metro areas, renting a three-bedroom home is more expensive than monthly costs on a six percent mortgage for a typical low-priced house in the same area.

 

With all the news these days concerning the economic crunch and these tumultuous economic times, you might think I'm crazy saying it is a good time to buy a Ludlow VT home. Of course, buyers with strong credit are best positioned to take advantage of today's opportunities. A high credit score will yield a lower interest rate and increase the likelihood that a loan application will be approved.

 

For example, a buyer with a 6 percent mortgage will pay a third less per month than a buyer who has a loan at 8 percent. This difference can be hundreds of dollars per month.

 

FHA loans, VA loans and government backed first-time buyer loans are all available to qualified buyers. With the current low interest rates and affordable housing prices, it is a great time to buy your Ludlow VT home.

 

It is also a time to keep in mind that buying a home is a long term investment...and an investment you and your family can enjoy for many years!

 

Search all Ludlow VT homes for sale.

 
Post is included in group: ABR-Accredited Buyer Representatives
Post is included in group: New England Professionals
Post is included in group: No One Knows The Country Like We Do
Post is included in group: Vacation and Second homes
Post is included in group: Vermont Real Estate Update

3 Comments on When Buying A Ludlow VT Home Makes Sense

OCT
11
2008
215,770 Points Outside Blog Called Shot Master

Great blog - I hope millions read it and decide to buy. What a great time to buy and invest in real estate
7:05am • #1
2 Featured Posts

I agree!  Also, people who are afraid to put their money back in the market, should consider investing in real estate - we know the market will come back!

Irene
7:40am • #2
OCT
14
2008
180,787 Points 5 Featured Posts Called Shot Master

You sum it all up with one of my strongest beliefs, Irene: real estate is a long term investment and you can't go wrong!
11:30pm • #3


What does the graphic say?
Leave a response…

(optional)
Spam Prevention:
 

Irene Gaffigan, Broker, CRS, e-PRO

Ludlow, VT

More about me…

Bean Group

Address: 36 VT Route 30, Bondville, VT, 05340

Office Phone: (800) 450-7784 x 7442

Cell Phone: (802) 353-1983

Email Me

Looking To Buy or Sell? Discover the Best in South Central Vermont Real Estate ,Okemo Mountain Real Estate, Rutland and Killington Real Estate from Irene Gaffigan, Associate Broker, Lang McLaughry Spera Real Estate


Links

Archives

RSS 2.0 Feed for this blog

Find VT real estate agents and Ludlow real estate on ActiveRain.