Hi my Name is Dominic Pallini A Broker in the Fort Myers /Naples Area of South West Florida. If you are on the fence about buying a home I have 5 good reasons to start looking today and purchase your dream home when you find it.
1) The $8000. tax credit for fist time home buyers has been extended until April 30 2010. The new bill also added a provision for people who would like to move from their existing home. $6,500 tax credit for anyone who has lived in a home 5 of the last 8 years, you do not have to sell the first home to qualify for the credit.
2)Inventory of used homes is very high and changing daily.New home builders are very negotiable with inventory homes and builders are selling custom homes at unbelievable prices just to keep their employees working.The choices are almost endless
3)Smart people buy when prices are low and inventory is high. Watch Warren Buffet for example, he has been picking up extreme values in this turbulent market.There is opportunity in the housing market for extreme appreciation in value. Find a home that fits your needs and plan to live there for 5 years , if history repeats itself and it usually does you will have equity in your home. Equity = $ . This buyers market won't last forever. This is America the land of free enterprize. We will work thru this bump in the road and the economy will get better.
4) Why pay rent ? Home prices are so low that you can purchase a home for less than the cost to rent.By purchaseing a home you have the ability to deduct the interest from the mortgage and you will also be gaining wealth thru the equity in the home.
5)Pride of ownership! You have a place to call your own ! Decorate it as you like ,paint as you wish. You can be proud of your accomplishment and enjoy the American Dream.
Sunday, December 6, 2009
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