Putting your income tax money to good use..

By
Real Estate Broker/Owner with American Homes of S.I.

Now that the stimulus package has been approved and awaiting the presidents signature,FHA reform is right around the corner.With limits due to increase as part of the reform,I find this time in homebuying will be very exciting.Many homes that were above the FHA mortgage ceiling will now qualify,giving todays buyer a multitude of additional options.The beauty of the FHA is that it is not credit driven and the  sellers have the ability to offer up to a 6% sellers concession.Last night on MSN,they asked Robert Kiosaki"Rich Dad Poor Dad"what he felt about todays real estate enviroment. He responded by saying that todays market offers wonderful opportunities to own a house at a discount! Sellers are ready,buyers are ready,mortgage rates are low...I agree ,todays market does offer wonderful opportunities.Owning a home w/ as little as a few months rent is acheiveable.Put your income tax money to good use.Invest in a home and secure your families future.Please feel free to post any comments and questions you might have. Regards,Ron Molcho,Managing Broker @ American Homes of S.I.

Comments (1)

Frank Rizzo
Cornerstone Realty Partners - Staten Island, NY

Excellent post Ron. Real Estate is an excellent investment, and renting costs - in more than one way..

 

Feb 10, 2008 02:48 PM

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