Why Now Is the Time to Buy..

A home is an important investment and the tax benefits are amazing! If you have only ever rented property, you may not realize the tax benefits available to home owners. You can deduct interest in the year that it is paid, which is part of each monthly payment. In addition, the IRS has approved tax deductions for loan discount points and origination fees regardless of closing cost responsibilities. $8,000 tax credits are currently being offered for first-time homebuyers.

Rates are low and inventories are up! This means foreclosures and bank owned properties are plentiful. Some HUD homes can be purchased for as little as $100 down!

Mortgage interest rates are three points below historical norms. No one can accurately predict whether rates will go up or down, even those who follow the market for a living. Don’t wait!

Combined, these factors create an excellent home-buying environment. Rates are low, home prices are down, options are plentiful, sellers are willing to bargain and builders are willing to offer attractive incentives to secure your business.

Contact the Columbus Realty Team to start your home search today!