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When is the best time to buy? |
Providing valuable resources for our Real Estate Buyers and Sellers is our top priority.
Here are some frequently cited reasons for buying a house:
* You need more/less living space.
* You would like to live in a different area/ school district.
* Employment relocation.
* You need a tax break. The mortgage interest deduction can make home ownership very appealing.
* You are not counting on price appreciation in the short term.
* You can afford the monthly payments.
* You plan to stay in the house long enough for the appreciation to cover your transaction costs. The costs of buying and selling a home include real estate commissions, lender fees and closing costs that can amount to more than 10 percent of the sales price.
* You prefer to be an owner rather than a renter.
* You can handle the maintenance expenses.
* You are not greatly concerned by dips in home values.
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