YOU'VE DECIDED TO PURCHASE YOUR FIRST HOME, CONGRATULATIONS!
You'll be joining hundreds of families who realize home ownership offers a number of benefits including tax right off, building equity, saving for the future, and creating an environment for your family. What I mean by building equity you must buy smart while the market is in your favor and you need to buy not only for the now but for the future of your investment. Do not over extend keep a cushion live within your means...be comfortable with your decision to purchase. This in most cases is a lifetime committment. Hire a Realtor who knows and cares about each and every client/customer.
Buy now while prices are at an all time 40 year low and interest rates are still great. Take advantage of the $8,000.00 First time Buyer Tax credit before time runs out. You must have your purchase/mortgage closed by April 30, 2010 in order to qualify for this credit. Don't wait time is wasting. There are also many other City, Township, and State (MISHDA) programs available to assist you with financing options and down payment. Check with your loan officer/lender and ask about these programs.
Own your own home, your hard-earned dollars contribute to your mortgage. and not to your Landlords mortgage or pocket book. The equity you earn is yours. Over time, your home will increase in value. Yes, we have lost some value...keep in mind though your home should never be considered a "Bank or
Cash Cow" this is what may have help lead to over lending and inflation of homes values in the past.
Please contact me if you have any questions about buying a home in Michigan. Catherine Gavin-Larive 248.534-2264 or send me out an email catherinelarive@kw.com.
or check this out http://www.google.com/profiles/catherinelarive or http://www.cglmichiganhomesales.com, http://www.homelandrealty.com
In the following reports, you'll find information you need to make a wise buying decision. You'll find a host of informative articles.