Special Real Estate Report Top Ten Reasons To Buy A Home In Reston

Dated: 08/27/2015

Views: 184

Number 1:  you can get a good deal.  Prices are down 30% from their peak , according to Standard & Poor's Case-Shiller Index.

Number 2:  Interest Rates are LOW.  The rates are the lowest on record.  The drop in rate from 2 years ago of 6.3% drops your monthly payment by a fifth.

Number 3:   You'll save on taxes.  You can deduct the mortgage interest from your income taxes, consult a tax expert.

Number 4:  It'll be all yours.  Paint the walls, add walls, remove walls, it is all yours.

Number 5:  You'll get a better home.  It can be HARD to find a good rental.  

Number 6:  It offers some inflation protection.  Studies show over the long haul housing has tended to beat inflation by a couple of percentage points per year.

Number 7:  It's risk capital.   Your home isn't the stock market and you should not view it as a way to get rich, but if the economy starts booming home prices will head up.  

Number 8:  It's forced savings.  A part of your mortgage goes towards principle repayment and helps you build equity.  

Number 9:  There is a lot to choose from.  There are many homes on the market from which to choose in many areas.

Number 10:  Soon or late, the market will clear.  Demand will meet supply.  Image title

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