Contemplating Buying Your First Home?

Here a five great reasons why buying as opposed to renting is a good idea.....

1) Savings...your down payment is in effect forced savings since you cant touch it.

2) Tax Breaks....the interest on your mortgage payments as well as your real estate taxes are both tax deductible as opposed to Rent which is not.

3) Equity...as the value of your home appreciates you gain equity. Basically, your savings account is growing.

4) Budgeting....rent goes up every year or two, renters tend to be more transient and so there are always variables as to what your monthly nut will be . But, take out a 30 year fixed mortgage and that payment stays the same no matter what.

5) Security....its yours!!! No one is selling the property, no one is converting it to condominiums, no one is kicking you out so that they can rent it to their cousin.....you own your home and so long as you make the payments its all yours.

Its always a good time to buy but with mortgage rates so low now is a GREAT time to buy.