Monday, January 18, 2010

Measuring The Benefits Of Home Ownership

Thinking about getting into Home Ownership???? Now is the best time to jump into this lifelong investment! With the first time homeowner’s tax credit of $8,000 and the market back on the rise…. all waiting around will get you is a larger mortgage payment…..


Why should you buy?

When you purchase a home instead of rent you are making an investment into your future, whereas with renting you are just giving someone else your money. When you own a home you can deduct your mortgage loan interest cost from you federal income taxes and your property taxes as well.


How can you get a loan if you can’t afford a large down-payment or have bad credit?

There are many federal mortgage programs that offer loans to people just like you! They offer low down payments or even 100% financing with low monthly payments.


Can you afford a mortgage payment if you’re a single parent?

YES!!! The government offers homeownership grants or special programs to single parents just like you! The key is getting with an agent and getting pre-qualified before you start your home search.


What is the first thing you should do when you’re thinking about home ownership?

Contact a local Realtor!!! They can lead you in the right direction from Step 1 until closing day. Chose a realtor who has your best interest at heart and are willing to help you work through all the steps from getting pre-qualified to choosing the right home for you. To contact me :
send me an e-mail at EmilyLeeRealty@yahoo.com or call me at (606) 499-7836


Below I have attached a link to a article that contains a wealth of information to those considering buying a home, Check it Out!

Measuring The Benefits Of Home Ownership

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