Don't Be Afraid - It Is Still A Great Time To Be A HomeBuyer!

By
Real Estate Sales Representative with Toliver Real Estate Solutions, LLC

Despite all the bad news reports about the economy's desperate condition, this is still a great time to buy a home.  Exceptional opportunities especially if you are still renting from someone else.  Stop paying your landlord's mortgage and start building equity in a place that will eventually become  your own.

Take the time to read this article that lists "10 reasons to buy a home" ;  Here are the "Top 3" reasons to intice you.

1) Homes are selling for 30% below the average market value due to large supply of houses for sale.   

2) Mortgage rates are approx 4%;  Interest rates are the lowest cost for borrowing in years.

3) Start building your personal wealth thru home ownership. Often you can purchase a home at a discount that already has equity at day of closing.

These factors alone make it a great time to get a deal;

Comments (2)

Timothy M. Garrity
Copper Hill Real Estate, LLC - Philadelphia, PA
Co-Founder, COO, Broker of Record

Very true, Denise. Feel free to check out my Blog sometime. I post to it 3 times a week.

 

Lots of luck!

 

TG

Sep 25, 2010 08:18 AM
Clark Cook
1st Choice Realty of Fayetteville, LLC - Fayetteville, NC
Marketing Homes For Sale In Fayetteville NC Area

Couldn't agree more Denise. Interest rates are very low!

Sep 25, 2010 08:30 AM