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Stop Renting!
There are a number of excellent financing programs specifically designed for the first-time home buyer or, for that matter, any home buyer with a minimal down payment and maximum debt. Recent changes in conventional, FHA and VA loan programs make it easier for many people to qualify for home loans. Home ownership may be the largest investment you'll ever make--and one that brings significant benefits. Increases in area property values mean increased equity for you--just like adding money to a savings account. With the tax deductions for mortgage interest and property taxes, home ownership brings you substantial tax savings. Additionally, there is a real sense of security and personal pride that comes with owning your own home. Imagine choosing wallpaper that suits your taste rather than your landlord's! You may find that monthly costs for home ownership are comparable to--or even less than--the rent you're currently paying. Call me if you'd like more information on renting vs. buying or how you can qualify to purchase a home.
Compliments of
Irene Corb Gaffigan, CRS This article is not intended to provide specific advice, but rather to provide insight into matters that we feel are useful. As always, seek professional advice prior to taking any action. © 1997, 1998 WriteTrack,TM Inc. All Rights Reserved. Law prohibits reproduction in whole or in part without written permission. E-mail: info@writetrackinc.com |