DID YOU KNOW THE GOVERNMENT IS GIVING AWAY AN $8,000 HOUSEWARMING GIFT FOR BUYING A HOME THIS YEAR?
We know you have been watching what’s going on with the real estate market, right? Prices and interest rates are the lowest they have been in 37 years! Are you one of the many people who want to take advantage of this opportunity to buy a home? Great! You have made a wise choice! If you are serious about buying a home, keep reading…….How long are you going to keep renting and watching yourself waste money every month? When you pay rent, there is no investment in your own future. You need to buy a home so you and your family can have an investment for the future. You need a mortgage for the tax benefits as well. The government is giving you $8000 “housewarming” gift for purchasing a home this year. Although the money can’t be used for a down payment, you can actually claim the home purchase on your 2008 taxes if you do an amendment, and therefore, you can get the money a lot sooner than you think. While YOU faithfully pay your rent every month, YOUR LANDLORD is receiving the benefits of homeownership from YOUR hard work. It’s time to invest in YOU! Don’t think you can afford a mortgage? After all, as a renter, you ARE paying a mortgage every month, just not your own. YOU need to receive the benefit of homeownership. Stop and do me a favor before you keep reading, go get a calculator, its o.k., I’ll wait………… got it? Good. Now, multiply what you pay in rent every month by 12. Example: $1650 a month in rent multiplied by 12 months in a year. What did you get? $18,000, $20,000, $30,000 or more? You didn’t pass out did you? Your answer is the amount of money you have given your landlord for his/her mortgage this year; I thought you said you didn’t have any money. Now you see why you don’t. Now, one more task, take the amount in rent you have paid this year and multiply that number by the number of years you have been renting that house. Example: $1650 a month x 12 months = $19,800 a year in rent. $19,800 x 4 years living in your rental= $79,200. That’s enough to pay for a small condo! Do you see what we’re getting at now? You can afford to buy a home; you just need to apply your money differently. THIS MONEY NEEDS TO BE GOING IN YOUR POCKET! Now is the best time to buy, prices are low and so are interest rates. As you know, the lower the interest rate, the lower the monthly payment! Get in now before the spring boom! O.k., so now we know how important it is to buy and we know now is a good time. Now we have to figure out HOW to buy, it’s easy, keep reading……….AS LONG AS YOU HAVE A JOB, YOU CAN BUY A HOME, THAT’S ALL YOU NEED, WE WILL TAKE CARE OF THE REST! Please don’t waste your tax return this year. Remember last year? The shoes, trips, cars….. What have they done for you lately? What investment did those items give you? This year, invest you tax return. Save it to help save the money you need to buy a home! O.k. now that we have the financial part of buying a home out of the way. Here are our 5 simple steps to buying a home. Trust me, it’s easer that in sounds.
STEP 1: Get qualified to buy a home. This means talking to a lender to see if your credit and income are sufficient to buy a home. It may seem backwards to shop for a mortgage before you shop for the house, but there are several reasons for doing this. First, you’ll find our how much you can borrow, which has a lot to do with how much house you can buy. If you have a credit union or bank you trust, start there. If not, we can refer a lender to you. If your credit is bad, don’t worry, we have a credit repair department to fix that. Once you are approved, you will get a form called a Pre-approval letter. This letter is very important, you need this letter so you can start looking at homes and so you will be taken seriously when you offer to purchase one of our homes.
STEP 2: Come up with a down payment; without a down payment, you don’t own even a piece of the house. The bank owns the whole thing.
STEP 3: Start house shopping! Make a list of what you want and need in a home. Also keep in mind your plans for the home. Example: Is this a starter home or a home I plan to stay in for several years? We have lists of homes for sale that we can show you. I’m sure we can find the right home for you!
STEP 4: CLOSING DAY! You have done steps 1-3 and now it’s time for your reward! You are now a homeowner! Closing day consists of you and our team coming together to sign the papers to sign the home over to you.
STEP 5: YOU GET THE KEYS. It’s all over. The home is yours. CONGRATULATIONS!!!!!!!!!!!!!!! So, now we’ve covered all the basics for you, all you have to do is call to get started. Don’t wait on the side lines while everyone else is buying a home. Buy now while you still have the power! Take a look at what we have available and some of the most recent homes our clients have purchased @ http://www.asginvestments.com.
And remember, SAVE, SAVE, SAVE! CALL 1-888-210-6134 TODAY!
Tags: 2008 tax credit, buying a house, buying a new home, buying real estate, financial assistance, first time home buyer, First Time home buyers, home buyers, house for sale, housing market, Motivation, Real Estate