Are you planning to buy your first home? Or maybe you’re in the process of looking for a bigger one. Regardless of your situation, it’s easy to feel overwhelmed when it comes to making a big financial investment with a home. HomeHuntersUSA has provided 3 reasons why buying your home right now might be a terrific deal.
- Rates are still low. Rates still haven’t gotten back to the pre-great recession rates and seem to be headed down. If you buy a home now, you could get a super low interest rate and, in some cases, tens of thousands of dollars in mortgage help.
- Occupant rents are lower than they were before. Occupant rents were much higher in 2006, so now is the best time to buy if you’re looking for stability. The general rule of thumb is that you want to buy when occupancy rents are lower. Occupant rents are currently 4% lower than they were four years ago.
- Offer uncertainty. Since we’re hosted in a post-modern era where disruption and equilibriums are what one expects, you may never have a more certain offer on your new home. Potential offers always exist in uncertain times and sellers can even play this uncertainty to their own benefit.
Buying a home is the biggest financial decision that most of us will make in our lifetime. It’s very important to think about a lot of factors before you make an offer and HomeHuntersUSA has created this blog post to help you in your orphic endeavor.