It can be challenging to think about purchasing a home with all of the negative news on the television. When you look at the facts, it is actually a great time to buy an investment property or 2nd home in New England. Here are advantages of purchasing North Shore Horse Properties.
North Shore Horse Properties
Low Home Loan Rates
Interest rates are low. Mortgage rates have a big effect on monthly mortgage payments. By receiving a low rate, home owners spend less money on a property or are able afford a higher prices home. Rates will not stay low forever, so buyers should act sooner rather than later to take advantage of this. Whether it is your first home or second home New England is a wonderful place to live with a variety of landscapes and seasons.
Rental rates are high even though housing prices have dropped, resulting in less of a gap between renting and buying. Home ownership has the additional benefit of tax deductions for mortgage interest, property taxes, etc. When you include the ability to build equity over time, home buying includes both savings and long term growth potential.
Home Buying Assistance for North Shore Horse Properties
If you are ready to benefit from decreased prices, low mortgage rates, and the other advantages of buying now. Your first step should be to contact a mortgage professional and real estate buyer broker. Contact us today to learn more.