Is it still a good time to buy?

Any time that your mortgage payment is very close to what you pay for rent, it is a good time to buy. There are so many befits from owning a house that not doing so if you can afford it, would be a mistake:

1. Predictable monthly payments: When renting, you never know when your landlord might choose to increase your rent.

2. Tax benefits: Many of the expenses that come with owning a house are tax deductible--property tax, mortgage interests, etc.

3. Appreciation: The housing market has been continuously increasing.

4. Freedom to make modifications: You can update anything to your taste or grow your own trees.

5. Cheaper than paying rent in some places--in some areas rent has become so expensive that owning your own property is cheaper than paying rent when you calculate all the benefits that come with it--tax deductions, equity that builds up both from the market and as you pay off the principal.

#sellyourhome #financingyourhome #ertrert