I wonder how many potential home buyers are going to procrastinate on buying their first home only to find out later that they could have had the deal of the decade by buying this year before November 30th.
With the rural development loan offering 100% financing and fixed interest rates in the 5% range and home prices at record low's, a home buyer can absolutely buy and have their payments lower than the rent they were previously paying for the same size home. In fact, many of our buyers are buying the very home they were renting. How easy could we make it? They don't even have to pack, and they get their security deposit back at closing. They hardly even have to get off the sofa.
In addition, the tenants turned buyers now have the gift that keeps on giving. They can claim their mortgage interest and taxes as a deduction on their income tax returns, year after year. So I have some motherly advice. You have heard it before. It's very familiar. Just do it. Do it now. Turn off the tube. Get away from the video games. Move it. Left, right, left. Let your fingers do the walking. Time's a wasting. I'm showing you the money. Don't worry be happy. And yes Virgina, there is a Santa Claus.