3 Reasons Why We Really Buy Homes
When it comes to buying a home, plenty of financial reasons make a convincing argument to make the move to buy. Financial motives like building equity, getting a tax break on your mortgage interest, and investing long term into a home simply make good sense for homebuyers. Emotional reasons, however, are really the more compelling force on why people buy homes.
Maybe your kids won’t stop bringing up how badly they need their own room or maybe you have an older relative moving in down the road. Whatever your circumstances might be, the need for space is a common reason why so many people make the move to buy their own home or upgrade to a bigger home. Maybe space is more than just the home itself. Acquiring a home with a big backyard also gives meaning to the need for more space, allowing kids more room to play and pets additional acres to roam.
From being in the best neighborhoods to the best school districts, stability, safety, and security are major reasons for purchasing a home in the best possible location. Living, contributing, and being part of a strong community is also important for so many homeowners. It truly defines what “home” is – your community, your town, your neighborhood, your home.
Whether you a renting a house or an apartment, you live and deal with a lot of restrictions. Maybe you want to try that painting scheme you found on Pinterest. Or maybe you want to finally adopt that puppy! Who’s to say that you can’t do any of these things in your own home? Your home operates under your rules!
Whether you are a first-time homebuyer or a move-up buyer who wants to start a new chapter in your life, now is a wonderful time to think about buying a home. Contact any of our Loan Officers today to start the process!
With rates still near historic lows, now is a good time to talk to a mortgage professional to discuss your home ownership goals. In fact, refinancing is booming right now with requests for refinances making up 64 percent of total mortgage applications the first full week of July, according to the Mortgage Banker’s Association. Here are four signs it might be time for you to consider refinancing your mortgage!
As home prices continue to rise and inventory levels stay low, our current seller’s market signals stronger competition with more buyers fighting for fewer homes. In this scenario, making a perfect offer is key to securing a house. So what factors make your offer stand out from the rest?
An appraisal might not be the most well-known step in the homebuying journey, but it is a critical one. Get more acquainted with appraisals by reading up on these 4 important points!