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For Sale By Owner Albany Blog

6 Great Reasons To Buy a Home NOW!

1. Home prices have fallen making this an excellent time to buy. Purchasing real estate in a down market is an excellent investment in your future. Over the long haul home prices still appreciate more than the stock market.

2. Interest rates are currently at near record lows making purchasing a home NOW more affordable than ever! Lock in on an interest rate that fits your budget.

3. First time home buyer tax credit. If you are a first time home buyer (haven’t purchased a primary residence in the last 3 years) and meet income regulations you qualify for a $8000 federal tax credit! The full amount is refunded to you directly in your federal return. More info at: FederalHousingTaxCredit.com

4. Mortgage loans are available. If you have good credit and a down payment, lenders are eager to work with you.

5. Great selection. With so many homes on the market you can get the fabulous features you want at a price you can afford.

6. Spring has sprung! This is the best time of year to purchase a home. Get settled in time to enjoy the summer months and be ready for the new school year!

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