If your monthly payments could be less per month by purchasing a home vs. renting, why wouldn't you want to do that? For most people, it comes down to not having the "down" money. What you may not know is that there are mortgage programs available that require little or no money down including USDA. If you've been in the military, there is always the VA. Also, money needed for closing costs can be negotiated to be paid for by the seller! Many of my buyers actually walk out of closings with money in their pocket and with interest rates remaining so low, most are excited to find their mortgage payment, including taxes and insurance, is several hundred dollars less than what they were paying to live in an apartment. Not only that, but there are tax advantages to having a mortgage payment as all the interest is deductible!! Your dream of owning a home can be closer than you think!!
Peter Owen
Licensed Real Estate Salesperson
(516)317-2860
Email: petero@TheDonnellyGroup.com
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