10 Reasons to Buy a Home Now

By
Real Estate Agent with C3 Real Estate Solutions

The real estate market is definitely slower in Colorado during this time of year but that doesn't mean that it isn't a great time to buy a home. Here are 10 reasons to buy now!

  1. Great deals are to be had. Prices come down this time of year and sellers become more motivated to sell.
  2. Mortgages are Cheap!!! I recently started refinancing my personal home and was able to lock in at a 4.2% 30year fixed rate loan. Now you can't beat that. Rates are the lowest they have been since 1979
  3. Buying a home helps save money on taxes. When you add up your interest and deduct it from your taxes it often times ends up being less to own a home then to rent
  4. You Own it. When you buy a home it is yours! you make the decisions as to what you want to do with it. You can paint, remodel and do just about anything you want.
  5. You can get a better home. If you are tierd of the home you live in now, buy a new one. The above reasons are reason enough
  6. It offers some risk protection. Historically, appreciation has out performed inflation
  7. It's risk capital. if the economy p8icks up, you will benefit from that.
  8. It's forced savings: By making principal and interest payments you are putting savings away every month when you pay your principal
  9. There is a lot to choose from. Right now there are enough places on the market for you to be very choosy.
  10. 10 Sooner or Later the market will rebound and people who bought homes now will benefit. Demand will eventually outpace supply
Posted by

Dee Bundy and Leslie Leis - the NoCo Home Team

 

Dee Bundy and Leslie Leis - The NoCo Home Team

ERA Herman Group Real Estate

112 E. Olive

Fort Collins, CO 8052

Cell:970-460-4006

Office: 970-224-9336

greetings@nocohometeam.com

www.NoCoHomeTeam.com

Proudly serving the Fort Collins Real Estate needs of Fossil Lake Ranch, Observatory Village, Ptarmigan, Waterleaf, Ridgewood Hills and all of Larimer County.

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Rainer
225,217
Didi Doolittle
Slifer Smith & Frampton Real Estate, Eagle Office - Vail, CO
Vail, CO Realtor 970.232.8225

Now is the time to buy most definitely.  Those who are playing the "wait and see" game will regret not buying now. 

Oct 01, 2010 04:06 PM #1
Rainmaker
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Nathan Strauch
Hot Shots Digital (HotShotPros.com) - Denver, CO
Colorado Real Estate Photography & Video

Excellent post as always Leslie.  It always amazes me when I talk with those who say their very afraid of the market right now...  I think I'll bookmark this on my phone.

Thanks and have a great day!

Oct 02, 2010 05:08 AM #2
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Rainmaker
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