Take advantage of government credits or tax advantages - Both the Bush 3. The savings can be put in a retirement account or some other interest-bearing fund. Reduce your utilities, mortgage payment and other living expenses with a smaller home. If there is an opportunity to downsize, this is especially a great reason to move.
Changing Home Size Requirements- Many people need to move for either more or less space than what they currently live with. 2. If you are currently renting, stop paying someone else's mortgage and get your own to start building equity in your name. First-Time Home Buyers - There are many benefits to home ownership - various tax deductions, the ability to build equity and often times other government incentives. If you are thinking about it, here are seven great reasons to help you justify the decision: 1.
What we do know, is that mortgage rates are at historic lows and this is unlikely to get any better so buy now. Many economists already believe we have officially reached the bottom of the real estate market, while others still are not so sure. It is impossible to "time" the market and no one will know when prices have hit the absolute bottom until after we've already started to recover. Many people have been waiting for the perfect time to buy a new home. This is very encouraging for anyone thinking about refinancing an existing home mortgage or those looking to secure a mortgage to purchase a new home.
Mortgage interest rates are currently near all-time lows.
Changing Home Size Requirements- Many people need to move for either more or less space than what they currently live with. 2. If you are currently renting, stop paying someone else's mortgage and get your own to start building equity in your name. First-Time Home Buyers - There are many benefits to home ownership - various tax deductions, the ability to build equity and often times other government incentives. If you are thinking about it, here are seven great reasons to help you justify the decision: 1.
What we do know, is that mortgage rates are at historic lows and this is unlikely to get any better so buy now. Many economists already believe we have officially reached the bottom of the real estate market, while others still are not so sure. It is impossible to "time" the market and no one will know when prices have hit the absolute bottom until after we've already started to recover. Many people have been waiting for the perfect time to buy a new home. This is very encouraging for anyone thinking about refinancing an existing home mortgage or those looking to secure a mortgage to purchase a new home.
Mortgage interest rates are currently near all-time lows.
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