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3 Reasons why you should purchase a home now

By
Real Estate Sales Representative with HomeSmart Fine Homes and Land

3 Reasons You Should Purchase a Home Soon!

Ever daydream about how you could possibly purchase a home sooner rather than later?   Lots of people have had the exact same idea. Some of them actually acted on that thought and are already in their new home!  Many consider it briefly, then dismiss the thought.  Frequently it's because they do not know where to start.  Many fear the unknown.  Still others think they can't do it.  Let's consider three reasons why should you purchase a home soon.

First and foremost, for the "Pro" side, we would like to point out that it's a buyer's market. Foreclosures and short sales abound and many folks not in the foreclosure or short sale situation simply want to sell their homes and have priced them accordingly. If you have good credit and money for a down payment there is no better time than now to jump into the market.  We agree you may have a valid point when you say you're not ready, but if not now, when?  Interest rates are the lowest they have been in 30 years!

Secondly, you really should consider that paying rent is just throwing your money away. In the last few years real estate has not appreciated as it traditionally did. The market needed a correction and we certainly got one! But now is a wonderful opportunity to buy low and enjoy appreciation that real estate has always provided and will again.. And, additionally, consider that home ownership is still a great investment.

Thirdly, last but not least, you will get the satisfaction of having your own castle that you can do whatever you wish with! Paint, redecorate, remodel, add a patio, plant a garden. It's yours, not someone else's from whom you need permission to plant a tree or paint a wall.  And that will mean that you can get creative and truly create a space of your own.   What's more, you will build wealth and add stability to your life. Things won't seem so temporary.

Once you've had an opportunity to go over the reasons, and consider them, you'll find that a very good case can be made in favor of purchasing a home soon.  Perhaps you really should consider hiring a Realtor and purchasing a home soon!