What a year! Interest rates at historic lows; Money magazine says there will be no better time to buy a home in decades, than today. Of course, we see on TV, read on blogs and some print media that we should be afraid. Banks are being VERY relaxed in allowing money to be borrowed....I know, you've read otherwise....just not true for our clients!!!! Call The johnANDjohn TEAM, we'll refer you to (local) Mortgage Lenders who want to loan money to our clients at LOW rates while giving great customer service (even on the weekends). Come on out of the "buyers'" closet and let us find you a home for $10,000's of $$$$ less than just a few years ago AND at mortgage rates that will astound you. Your parents have never seen rates this low, which equates to low payments. We see renters leasing for more money than for the payments for a home-tax benefits.
A wise person once told me, "When you are at parties and people are bragging about the HOT investment of the day; then is when you know NOT to buy that product, it's already been done". I was at a Parkfairfax function the other night; people asked me, "Is this a good time to buy real estate, I'm buying bank stock and getting a good dividend?" You betcha, on top of getting an investment when you buy a home, you're getting a place to LIVE, and tax breaks!
Thank you for your referrals of friends, relatives and co-workers; we appreciate you and will take great care of these people when they sell OR buy real estate. For those of you who have bought homes this year; the economy thanks you. For our sellers, congratulations on your bargains! I recently read that for every home purchased, approximately $25,000 goes into the economy, with all the additional purchases like furniture, insurance, etc.
Happy Happy Happy Day to be Thankful to you all. Take great care.
The johnANDjohn Team
Wednesday, November 24, 2010
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