Are you procrastinating on buying that first home?  Are you concerned about the commitment?  The fear of not knowing how to do it?  The possibility of making a mistake? 

How about considering, the end of paying Rent?  the end of grovelling and bending over backwards to get approved to live in someone else’s appartment?  how about not moving every 6 months or a year?  or a tax break for your payments, or pride of having your own place?  Or paying your self rent?  actually saving some dough!

Did you know, a home owner on average has a net worth approximately 70,000 higher than a renter.

An example, if you bought a home for $140,000 with 5% down, 7,000, you could have a payment of about $950. (Mortgage and taxes.)  in 10 years with 5% growth your equity would be approx $108,000.

You payment is also locked in.   Your rent at 700 before would now be 1140 due to inflation.

Home-ownership has always been a good thing.  Why the perfect storm now. 

Well, I have been posting for a year that this is a great time to buy.  In-fact in my 17 years in the business there has never been a better time to buy.

Here are the “converging factors”

1) Interest rates are very low again.  30 year is below 5% again.  15 down below 4.5%  This means low payments

2) Inventory is very good.  Although we have had a pretty good run this year, prices have not gone up.

3) Prices are very low. ack to 2005 prices in some cases. 

4)  Federal Tax Credit.  For a very limited time now, there is still an incentive to buy a home.  For this you could get up to $8,000,

If you are going to be in a place for over 5 years, it is very difficult to make a bad choice.  your only bad choice is to remain renting.

Have I convinced you?   Go online and start looking for a home on our advanced map search.  Search all homes for sale Madison Wi 

Then call us to get started.  One hour with us and we will have you ready to go house shopping!

Read here to find out what happens in an interview.   How you learn how to buy a home and make a good decision.