1. Money- in your own pocket not your landlords. When you rent you are putting money into your landlords pocket, chances are when you own the home and sell it you will at least recoup some of what you have paid into the property.
2. Tax Benefits-you can qualify for up to $8,000 in tax credits. For most people, buying a home may not only allow you to deduct the mortgage interests, it also gives them the ability to detail your deduction
3. Favorable interest rate-Interest rates are at an all time low and this is the lowest interest rates have been in years.
4. Selection---There is a large selection of homes on the market and very few buyers, regardless of your taste and preference you should be able to find something in your budget.
5. Price---- prices are at an all time low, affordability is better than ever, whether you are looking for your dream home, Hud home or fixer upper now is the time.
6. Sellers are willing to neogiate-since homes are staying on the market longer most sellers are more willing to neogiate.
7. Pride of Homeownership! This one speaks for itself.
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