Rain, rain, go away. How drainage affects your property.A little rain may be just what our plants and trees need after our dry summers, but a lot of rain can become a problem for some properties.
4 Reasons To Purchase A Kaufman County Home This Winter
For most, purchasing a new home is the biggest financial decision they will ever make and for that reason, there are many complicated decisions involved in choosing your new home. Today I would like to share with you four great reasons to consider buying a home today instead of waiting.
1. Prices Will Continue to Rise
CoreLogic’s latest Home Price Index reports that nationally home prices have appreciated by 7.0% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 4.7% over the next year. In Kaufman County, home prices have increased by almost 5.73% compared to last year. The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.
2. Mortgage Interest Rates Are Projected to Increase
Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage continue to hover around 4%. However, most experts predict that rates will rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac and the National Association of Realtors are in unison, projecting that rates will increase by this time next year.An increase in rates will impact YOUR monthly mortgage payment. A year from now, your housing expense will increase if a mortgage is necessary to buy your next home.
3. Either Way, you are Paying a Mortgage
There are some renters who have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s.As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to have equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.Are you ready to put your housing cost to work for you?
4. It’s Time to Move on with Your Life
The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise.But what if they weren’t? Would you wait?
Look at the actual reason you are buying and decide if it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer, or you just want to have control over renovations, maybe now is the time to buy.
If the right thing for you and your family is to purchase a home, buying sooner rather than later could lead to substantial savings.
If you have any questions about Kaufman County, the schools, amenities or the surrounding communities, don’t hesitate to give me a call at 214-215-0735. I will be happy to help you.
To protect your interests and assure that you make the best possible decisions, it's important that you have a knowledgeable agent on your side who is an expert in the Kaufman County real estate market. I live and specialize in Kaufman County home sales and am dedicated to keeping on top of our local market. You can rest assured that I will provide you with a well-informed, and the most updated strategic view for your home purchase. To reach me, please call 214-215-0735 or send me an email at [email protected]
Search for the newest listings in Kaufman County by map (click picture below)
For more real estate information on Combine TX, Crandall TX, Ennis TX, Fate TX, Forney TX, Heartland TX, Heath TX, Kaufman TX, Kemp TX, Mclendon-Chisom TX, Mesquite TX, Oak Ridge TX, Rockwall TX, Rowlett TX, Scurry TX, Seagoville TX, Sunnyvale TX, Talty TX or Terrell TX call or text me at 214-215-0735.
Hello, I'm Tiffany. Thank you for taking the time to learn a bit about me. I began my full-time real estate career in 2016. Prior to becoming a real estate agent, I ran a small family owned p....
Latest Blog Posts
For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame?Here’s what some of the