Boston Real Estate for Sale

Need some advice as to whether or not you should buy now, or wait?

Here you go.

Until recently, home buyers bought not with an eye to a quick profit but in order to gain control over the place where they lived. As a homeowner, you don’t need the landlord’s permission to make modifications to the property to suit your needs. You aren’t at the mercy of a landlord who might raise the rent or ask you to move …

The tax benefits of home ownership shouldn’t be overlooked. While restrictions do apply, homeowners can claim a deduction for mortgage interest and property taxes from their federal income tax returns. This effectively lowers the cost of home ownership for taxpayers who itemize deductions …

There are several other good reasons why this could be a good time to buy. One is that there is, in general, less competition from other buyers than there was a year ago. It’s now possible to negotiate with sellers if the list price seems out of line …

Another factor in your favor is that interest rates have recently eased and are still at historically low levels …

My take? It’s always a good time to buy. Settle down. Build some equity. C’mon!

Complete story: Home seekers’ big dilemma: buy now or wait? – By Dyan Hymer, Inman News, by way of The Boston Globe

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