To Buy or Not To Buy S&D Real Estate Services

Buying Your First Home is a Major Step!

There is a lot you need to know to make the right decisions- and also to avoid making the wrong ones. The good news is that when you know what you are doing, and particularly when you're working with a highly experienced S&D Real Estate Agent who does, this market offers fantastic opportunities to get a great home at a great price.

Renting vs Owning

Without question, owning a home comes with risks and responsibilities that you don't have to worry about when you rent. However, financial advisors, and other homeowners insist there are more advantages to owning.

  • Over time you will generally lose money by renting. Why not build up equity in a home instead of paying a landlord's mortgage?
  • Historically, owning a home has been a prime financial investment in the long term.
  • You can take advantage of ongoing tax benefits, like deducting the interest on you mortgage and property taxes from your income tax.

Do You Qualify To Own?

You may be surprised to learn there are many renters who financially qualify to own their own homes, but don't realize it. Also, keep in mind you may be eligible for loans insured by the Veterans Administration. or the Federal Housing Administration.

Is it a Good Time to Buy?

Generally speaking, if you are financially qualified, your timing could not be better.

  • Home prices are still trending at bargain prices in many markets
  • Interest rates are still historically low, which means you can lock-in a single digit interest rate for 30 years
  • Foreclosures and short-sales can still be found in many markets which means a discount on already low market rate prices
  • New home inventory is starting to pick up

If you are currently renting but want to own a home, this is a terrific time to buy!

The legal work that any S&D Real Estate Agent does to help you find, finance, and purchase a home won't cost you a penny!

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