For the first time in years, prices that have been climbing steadily upward are stabilizing, restoring a level playing field that helps buyers drive a harder bargain with sellers, even in heated markets.
Reason No. 4: Down payments don’t need to break the bank
Probably the biggest obstacle that prevents renters from becoming homeowners is pulling together a down payment. But today, that chunk of change can be smaller, thanks to a variety of programs to help home buyers. For instance, the new Fannie Mae and Freddie Mac Home Possible Advantage Program allows for a 3% down payment for credit scores as low as 620.
Reason No. 5: Mortgage insurance is a deal, too
If youdodecide to put less than 20% down on a home, you are then required to have mortgage insurance (basically in case you default). A workaround to handle this, however, is to take out aloan from the Federal Housing Administration—a government mortgage insurer that backs loans with down payments as low as 3.5% and credit scores as low as 580.
Reason No. 6: You’ll reap major tax breaks
Tax laws continue to favor homeowners, so you’re not just buying a place to live—you’re getting a tax break! The biggest one is that unless your home loan is more than $1 million, you can deduct all the monthly interest you are paying on that loan.
If you are ready to buy we can help you find your perfect home!! Check out ourwebsite herethen give us a call!
The LUXRE Group at Keller Williams Realty is comprised of some of the most productive Realtors in the entire valley. We treat every listing as a luxury listing giving you a true luxury, vip, no hassle buying or selling experience. There is no substitute for the absolute best customer service and we pride ourselves on our returning clients who continue to refer and use us for all of their ongoing real estate needs. Get the luxury experience, get LUXRE! Each Office Independently Owned & Operated
5 Bed 3 Bath Home in Santa Rosa Springs - Move in ready home in
I am writing to express my pleasure with real estate agent Colleen Kukulski, who represented me in a recent purchase of a single-family home.
Ms. Kukulski guided me through the entire process, from loan prequalification to searching for houses to making the offer and closing the deal. I must give credit to Ms. Kukulski with a smooth, stress-free home-buying experience.
This is my third purchase of a property, and I never had such a pleasurable experience. Ms. Kukulski is savvy, personable and knows the market inside and out. I never could have gotten my current home without her.
To reiterate, I am nothing but pleased with Ms. Kukulski's and her experience and her expertise and I would recommend her to everyone.