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6 Reasons Why Now is The Perfect Time to Purchase your First Home

By
Real Estate Agent with Liberty Bell Real Estate

How can you not afford to buy in this market? Bad credit but have good income?  Let's make a plan that will help you restore your credit standing in 3 months or less.

Here are just a few reasons why buying now is better than not:

  • Mortgage Interest Rates are Low!
  • Great opportunity to find a home paying just as much or even less than your current monthly rent.

Ex: Did you know $750 per month can afford you a $100K home?

  • Buying a home is forced savings!  Why not pay yourself and build equity, instead of helping your landlord build equity?
  • Purchase a home with a low down payment.  You need as little as 3.5% of the purchase price of your new home. 

              Ex: $3500 needed to purchase a home for $100K and less if the home is priced lower!

  • State Grant is available to those who qualify, which will help with closing costs.
  • A full 6% seller's assist may be obtained, which can drastically reduce your closing costs.

 

Posted by

Zakiyyah Newman, Realtor®