Why NOW is a Great Time to Buy a Home

A tight economy is truly the best time to go shopping—for a home, that is.

Why? Because it brings together the perfect mix of conditions for making the most of your housing dollar. With the right home and the right mortgage, it’s the right time to buy, thanks to these key elements:

Low interest rates are now joined by low home prices.
Mortgage interest rates continue to hover around historic lows. Now, housing prices are reversing their historic climb as well. Less expensive homes combined with lower borrowing costs mean increased options within your budget.

Property taxes are down, too.
Homeowners in Allen County received a pleasant surprise this summer: Property taxes decreased by approximately 30 percent, Huntington, Wabash and Whitley counties also are enjoying a significant drop. This means the overall costs of owning a home just dipped even lower.

The number of homes you can choose from is high.
Buyers have many more choices right now while the market is slower and the inventory of homes for sale approaches record levels. With a Realtor® to give you maximum access to those lists, finding the house to meet both your needs and dreams is easier than ever.

And there are lots of incentives.
As a home’s time on the market stretches, builders and sellers are more eager to move on. Buyers right now will discover a wealth of credits, gifts with purchase and financial concessions to sweeten the deal.

Tax Credits
Qualified first-time home buyers are eligible for up to $7500 tax credit.

It all adds up to an opportunity unmatched. Buyers who are ready to make a move will discover a range of choices unavailable before…and unlikely to be available again. Contact your local Hallmark Home Mortgage office today to schedule a consultation with a broker who can help you discover the world of possibilities.

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