“Marry the house, date the rate.” You can always refinance when rates go down and leverage your negotiation power in this buyers’ market.” *
Here are the top reasons to purchase a home now:
- Hedge against inflation. By renting instead of buying, you risk potentially paying more for housing every year instead of keeping your payments stable for a few years when you purchase a home.
- One important thing to remember is that when you make your monthly or bi-weekly mortgage payments, a portion of your payment pays down the loan’s principal. In other words, you are building your EQUITY. When you are renting, you are helping the landlord build their equity.
- Historically, housing prices trend upwards. Therefore, you will realize an increased value in your home and build long-term appreciation for you and your family.
- I’m happy to meet virtually or in-person to discuss your real estate needs. I can set you up to receive listings that suit your requirements and locations. Please send me an email or give me a call, and I’d be happy to assist you.
Sandi Branker
Sales Representative - Zolo Realty Inc.
613-408-7935
*A buyers’ market occurs when purchasers are in a more advantageous situation than sellers due to the inventory of homes on the market which surpasses the number of buyers. This changes supply and demand and can lead to downward pressure on prices.
https://www.zolo-ottawa.ca/is-it-the-right-time-to-buy-a-home/
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