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What Your Landlord Hopes You Ignore

By
Real Estate Broker/Owner with 1st Choice Realty of Fayetteville, LLC 156842

First time home buyers can qualify for a tax credit up to $8000. This is not a loan! Imagine this. It's January 2010, and you just filed your tax return. But, in 2009 you bought your first home. Well, on top of what you would normally get back, add a whopping $8000. Now how's that for a stimulus? But before I say another thing, check with your tax advisor first.   

Interest rates are very low... new and existing homes are abundant. NOW is the time for anyone with good credit to make their move. Everything runs in cycles. Happy days are here again. Take advantage of the opportunity while it exists, because it will not last forever!!! This is not the time to be skeptical. Real estate is a good long term investment. You don't want to be one of the ones saying I wish I had.  I would never suggest anyone buy more house than they can afford, but why pay your landlords mortgage?   Why not flip the situation around, and instead of renting, BUY!!!  Doesn't that make more cents?

This is especially true for our active duty military. Your basic allowance for housing (BAH) makes your mortgage payment which means Uncle Sam is building your equity. Isn't it foolish to not take advantage of what you are given? Get plugged in with a company, and a Fayetteville agent that can deliver. Don't waste time or money paying rent. Talk with your better half and see if he/she does not agree. $8000 is a lot of money to let go to waste. The choice is yours. If you are going to be in the Fayetteville area anyway for the next three years or so, why not claim some equity and leave the area with some CASH instead of a pile of rent receipts.

If this sounds like a hard sell, I'm sorry. But remember, there are more than 1,800 real estate brokers in the Fayetteville / Fort Bragg Area, and you don't have to call me, but DO call a REALTOR today. America is the land of opportunity for those with the guts and smarts to seize it!! Buy NOW or forever hold your peace!