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Wednesday, September 22, 2010

10 Reasons to buy NOW

Here are 10 valid reasons to buy RIGHT NOW

  1. GOOD DEALS ARE EVERYWHERE! No matter which direction you look, you will find a good deal. Prices and interest rates are at all time lows and the inventory is up. You don't have to look very far to find a good deal. Let East Tennessee Realty Group find it for you.
  2. When have mortgage rates been so low? Two years ago rates were around 6.3%! Now you can get a 30 fixed for under 4%.
  3. Tax Savings - Yes, I said tax savings! Mortgage interest payments are tax deductible.
  4. It's all yours! No landlords and you can renovate or remodel the way you want and put "you" in to the house you have always wanted!
  5. You get a better home. Some rentals are not the best properties to live in and not all landlords really care about their properties as they should.
  6. Inflation Protection - Studies have shown that over the long-term housing has tended to beat inflation by a couple of percentage points a year. That's what we call inflation insurance.
  7. It's Risk Capital. No, your home isn't the stock market and you shouldn't view it as the way to get rich. Real estate prices will head up again. One lesson from the last few years is that stocks are incredibly hard for most normal people to own in large quantities - for practical as well as psychological reasons. Equity in a home is another way of linking part of a portfolio to the long-term growth of the economy.
  8. It's Forced Savings If you can rent an apartment for $2,000 a month instead of buying one for $2400 a month, renting may make sense. Will you save that $400 in the future? Most people won't. You have to do the math! The part of your mortgage payment that goes to principal repayment isn't a cost. You're paying yourself by building equity. As a forced monthly savings, it's a good discipline.
  9. So many to choose from Most of the country is seeing a glut of inventory and according the NAR the current inventory is around 4 million homes for sale. Great choice at great prices!
  10. The Market will clear Supply and Demand will eventually meet and the good deals may be no more.

Long story short, now is the time to jump in and make that purchase! With over 4 million properties on the market, there is at least one out there with your name on it and any one of our skilled agents can help you locate it! Give us a call today 865-774-7764 info@easttnexperts.com

1 comment:

  1. With some budget friendly home staging techniques such as de-cluttering, simple rearranging, home repairs and clean surroundings must likely anyone can sell a house faster even without the help of a realtor.


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