STOP RENTING in Today's Market
STOP RENTING in This Market
SIX (6) Reasons You Should Buy Now. ©
Many people are reluctant to buy in this economy. There are many good reasons you should buy NOW – even in this economic downturn. The BEST time to buy is when everyone else is selling. Be sure you read Reason 6 about Buying at WHOLESALE PRICES!
1. Since More People are renting, RENTS ARE ACTUALLY GOING UP! With the foreclosure rate up, more people are renting. Many people are unwilling to make a purchase because of economic worries. So, the rental market is far more active than the home-buying market. This is bad news for renters, as landlords can afford to raise rents and still find tenants. It’s good news for buyers, though, because people trying to sell their homes are more willing to make a deal. Prices are low and interest rates are as low as 5%, maybe less. I can show you how to best limit your cash requirements at closing, also.
2. If the owner uses your rent for other bills and does not make their house payments, even though you pay your rent, you will be kicked out by the bank. If your owner does not make the mortgage payment on your rental property, you could be the unwitting victim of a foreclosure and eviction. A renter relies on your landlord to pay their house payment. If he can’t, you’re out of a home.
3. Any equity built in the property belongs to the owner and is paid for with your monthly rent. We all know that renting is throwing money down a bottomless hole, but it bears repeating – especially in this economy. It’s far better to be building equity in your own property when you make your mortgage payments than by renting and building equity in your owner’s name. When you build equity, you’re building ownership of a property, and you also build a pool of money that you can tap later.
4. You can’t change the property into what you want. You are renting and have no rights. Paying too much money to heat your property in the winter? Homeowners can ad insulation and replace the windows, but renters are stuck at the landlord’s mercy. You can’t change anything.
5. Interest rates are low and prices are down. You may be able to buy cheaper than renting. Interest rates are as low as 4% to 5% and you may be able to do better than that! And buying a home has never been a better choice. With home prices down from their previously inflated levels, you can often buy a home cheaper than renting. With fewer people buying and more people renting, rental prices are even going up, leaving buying as the cheaper option.
6. Don’t Pay Retail! I can show you how to buy a property at WHOLESALE PRICES! Right now there is almost no competition from other buyers. There are lots of great houses to choose from. Don’t miss out on this amazing opportunity to get a great buy and begin building equity in your very own home! Prices may not always be this low and I can structure your purchase so your out-of-pocket cost will be 4% or less.
