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Contact Information

John McConnin, Esq.
450 B Street
PO Box: Suite 1430
San Diego, CA, 92101
Office: 760 415 5873
Cell: 760 415 5873
best time to buy homes | Print |

When is the best time to buy a area property?

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.

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Last Updated ( Thursday, 04 September 2008 )
 
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