Why Buy Now?

If you’re thinking about buying a home this year: Don't Wait, here is why...

• You like free money*: The Federal Government is giving an $8000 tax credit to first-time home buyers (or buyers who have not owned a primary residence in the past 3 years) that purchase a primary residence between January 1, 2009 and November 30, 2009. The $8000 tax credit does not require repayment; it is claimed on a tax return and reduces the tax liability. If the credit is more than the tax liability the unused credit will be issued as a check.
• You want a good deal*: It is a buyer’s market and homes are more affordable than they have been in years. Additionally there many choices on the market which means you get your dream home at an affordable price.
• You want a good investment*: Today’s interest rates have been hovering at all time lows. With a lower rate, after you lock and close on your fixed rate loan, your payment will be lower as well. Then as you build wealth that lower payment will remain locked and you will have more money to spend or invest as you see fit. Studies show that owning a home is one of the best ways to build household wealth.
• You don’t like paying taxes: Home ownership opens up many avenues to savings on your taxes. The three most important sources of tax savings for home owners are the deductions for mortgage interest, deductions for real estate taxes, and the capital gain exclusion for the sale of a principal residence. We suggest you consult a tax professional to fill you in on the details.
• You are tired of paying high utility bills: Greenstone Homes’ commitment to Built Green and Energy Star construction practices means you will pay less to the utility companies. There are many other benefits to these programs including better indoor air quality, waste recycling and sustainable building practices.
• You just want to: We all deserve to be selfish once in a while. Maybe your circumstances have changed. A new baby. A job promotion. The empty nest. Maybe you want out of your drafty house, or want the features a new house offers. We welcome you to visit one of our communities to see your options. Greenstone communities have a wide range of homes including condominiums, townhomes, maintenance free homes, cottage homes, and custom homes with prices from the low $100’s to over $1 million.

To learn more about the $8,000 tax credit go here: http://www.federalhousingtaxcredit.com/2009/home2.html

* “Here it comes” you say, “the fine print.” As with most good things in life, it can’t last forever. Greenstone Homes will continue to bring you the best house at the best value. We can’t, however, control the Federal Government, the mortgage market or the housing market. These things are bound to change and it may be soon. Don’t miss the opportunity to find your dream and make it a reality.