Real estate forum - Buying a home in Chula Vista

Author

Buying a home in Chula Vista

Chris

2007-03-07, 6:34 am

Hi,

I’m looking at the prospect of buying a home. When is the best time to buy?

Thanks,
Chris

Richard

2007-03-10, 1:25 pm

quote:
Originally posted by Chris
Hi,

I’m looking at the prospect of buying a home. When is the best time to buy?

Thanks,
Chris

Leo Manalo - Chula Vista realtor

Hi Chris,

Here are some frequently cited reasons for buying a house:

* You need a tax break. The mortgage interest deduction can make home ownership very appealing.
* You are not counting on price appreciation in the short term.
* You can afford the monthly payments.
* You plan to stay in the house long enough for the appreciation to cover your transaction costs. The costs of buying and selling a home include real estate commissions, lender fees and closing costs that can amount to more than 10 percent of the sales price.
* You prefer to be an owner rather than a renter.
* You can handle the maintenance expenses and headaches.
* You are not greatly concerned by dips in home values.

For more info. contact realtor Leo Manalo who specializes in properties in Chula Vista : http://lemanrealtyandmortgage.com and http://91913homesforsale.com/

Good Luck,
Richard

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