Tired of renting and paying the landlord’s mortgage instead of putting money in your own investment and getting your own tax deduction? Sometimes, we just have to bite the bullet and move on.
I remember how nervous I was when I signed my first lease, and I secretly thought, “How am I ever going to afford this? Will I be able to make the payments?” Before I knew it, the payment was a breeze, and I was back to going out to dinner, and hanging out. Then I got a promotion and started making even more money, and I knew it was time to consider buying a house. Buying a new home was sort of the same as leasing, but the plus side was that there were hidden benefits in each monthly payment. The interest and real estate taxes were tax deductions, so in the end, the monthly payment was lowered, unlike when I was renting. Best of all was the building up of personal assets. As the market turns and appreciation starts to grow, value is gained without lifting a finger.
There has never been a better time to buy a new home, and that window of opportunity is closing. The rates are low, and prices have bottomed out. Economists always say that we don’t know that we are out of a recession, until we are out of the recession. Don’t let the market beat you. It’s time to start building your future and stop flushing away money on renting. Visit www.rcltd.com now for new homes in Chester County and Montgomery County in the $200’s.