As I write today, we are looking at 35 days until the end of the current tax credit for first time homebuyers. We are all hoping for an extension of this. Many prospective homebuyers have been procrastinating thinking this is not the year to buy a home. You may be thinking, if I lose my job how will I pay the mortgage. But if you lose your job, how will you pay the rent. A home is an investiment in real estate. Your money is going toward a tangible asset with the benefit of continuing tax deductions as long as you own the property. Home ownership offers a sense of community and stability. Maybe you should re-visit the possibilities.
By the way, talking to a lender to get pre-qualified and talking to a Realtor about properties that are of interest is absolutely FREE to you!
Monday, October 26, 2009
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