Thursday, January 31, 2008
Buying Is Cheaper Than Renting
Yes, this is true. I have been waiting years to write this. Many people think that prices will decline more, despite the huge recent drop in values. But how much more can prices fall if it is already less expensive to purchase a home than it is to rent one?
If you plan to live in the San Fernando Valley for at least a few more years, you should buy a home right now. There is A LOT to choose from, which means you can find a property that really suits your needs, rather than just “settling.” Interest rates are VERY low. In fact, they just came down again this week. It’s still important to have fair to good credit. And in most cases you will want at least a 3% - 5% down payment, although 100% financing is still available.
Not only is it less expensive to own, but just consider the additional savings from tax deductions. Some first-time buyers think that they don’t make enough for this to apply to them, but that is not the case. Anyone with an income will save lots of money every year by owning a home. If you would like to see some great deals on homes in the Valley, or if you just want to browse through some foreclosure properties, go to the website, www.ClarkSellsHomes.com. Please feel free to email or call with any questions.
Clark Hill, e-PRO
Tuesday, January 29, 2008
11350 Dempsey Ave Granada HillsCA 91344
Thursday, January 3, 2008
Maybe you need a professional to help you out a little. I work with my mom, Patty Hill, who works exclusively with buyers in this area. She knows the neighborhoods from Chatsworth to
Are you getting serious yet about buying a home? You need to talk to a lender. If you don’t have one, call me for recommendations. I have great lenders, many of whom I have been working with for years. Sorry, but you are not serious until you talk to a lender. You need a professional to tell you what you can comfortably afford before you start looking at homes that are not in your price range.