Use your VA Loan Eligibility

By
Real Estate Agent with CastNet Realty TREC#263257

Realtors ® are good at telling you to buy nowToday, is always a good time to buy a home.

I believe it is always a good time.  However, in my 40 year career in real estate, I have seen good times come and go.  The economy and the market is constantly changing.

There are times when the economy is roaring and NOW is one of those times!  Don't miss out on the opportunity of a lifetime.  Prices are going up because the economy is doing well.  More and more millenials are finally saying "Let's buy a house!" 

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Now is a great time because interest rates are still low, and home prices are beginning to rise.  This means you may be able to grow equity in your home quickly.  I would advise my grandchildren not to wait but buy now.

If you have VA loan eligibility, it is even better.  No down payment and in some cases, very little closing costs to you.  Interest rates are averaging between 4.1 % and 5.2% for 15 and 30 year amortized loans.  This will allow you to buy a more expensive home with a monthly payment you can afford.

If you've been considering buying instead of renting, now is a good time to get serious.  Talk to a mortgage lender about the possibility of getting started.  You may be surprised how easy it would be to own.  Wouldn't it be nice to feel the security of owning your own place?  To be able to paint the walls any color you want, or build your backyard patio like you've always dreamed?

If you're not sure you want to stay long term in the area where you are living, you can always sell later or use it as a rental.  In the meantime, you own your own home and you are building equity instead of helping someone else build equity in their rental.  This is my advice to every young person.  Real estate is usually a good investment. Long term , yes.  Good, yes!

 

Ricki McCallum                                  CastNet Realty                                 CastNet Press

 

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Realtors®
Military Relocations
Out Of The Box!
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michigan real estate
va loans
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Rainmaker
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Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

I am one who is a believer of it is always a good time to buy if you hold and do not treat it as the Stock Market or as an ATM for living the high life.....Endre

Apr 09, 2019 11:51 PM #1
Rainmaker
474,104
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, - Your Coastal Bend Home Source

Hi Endre',  I agree.  Too many do exactly what you said and that is not good.

Apr 10, 2019 10:55 AM #2
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Rainmaker
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Ricki Eichler McCallum

Broker,GRI,ABR, - Your Coastal Bend Home Source
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