Jamie Boney

Now is the best time to buy a home!

1. Interest rates are great right now. No one knows what will happen tomorrow with these rates. We do know that the rates are very low right now. When interest rates were in the 20% range, people were still buying homes. Why not take advantage of the low rates?

2. Prices are low right now. Prices across the country are not rising at the rates that they have in the past and in some cases have gone down, way down. This is great if you are considering buying a home right now. This doesn't mean they won't go up quickly. No one can predict the future, but they can tell you the past. Home prices have historically gone up.

3. People make a lot of money from investing when other people are scared. Investors do not make money from buying homes and/or stock when prices are high. They buy when prices are low. Why would you wait until prices go back up?

4. The sense of pride that comes with home ownership. Whether it is your first home or your 10th. One can not help to feel proud of their accomplishment of home ownership.

5. Mortgage prices can often be less expensive than rent. In order to pay for the home and make it worth their while to be a landlord, people often charge more for rent than their mortgage.

6. $8000 tax credit for first time home buyers. Right now, there is money in it for the first time home buyer. The government is going to give you money to own a home!

7. Building your future. Buying a home right now, will give something for the future. Building equity in a home is building a nest egg for you and your family's future.

8. Paying rent is paying for someone else to live the dream. Every time you stroke a check to your landlord, you are helping them become wealthier. It would be nice to help build equity in your home for you and your family, not paying for someone else to!

9. Tax advantages.Homeowners get tax advantages that renters don't. All the interest that you pay on your mortgage is tax deductible. The extra money you pay for rent isn't!

10. Land is valuable. Unless you are speaking of man made islands, natural land is a resource that is limited. Once it is gone, it's gone. Wouldn't it be nice to own a piece of it?