With the low mortgage rates and the abundance of homes on the market, the time to purchase your new home is right now. If you are waiting perhaps thinking the rates will go even lower, think about this: They could start to climb! If you wait any longer, the opportunity to purchase your new Boca Raton home could be gone and you could start seeing mortgage rates increasing. The shrewd home buyer will see the opportunity that is available now and act on it before the market does a complete turn around. Here's five reasons why you should not allow this opportunity to pass you by:


1. Investing is great and if you are purchasing a home or homes to hold onto until the market turns around, this is a good business move. If purchasing a Boca Raton, FL real estate is an option for you at this point, you will realize a profit when the market increases.


2. Since the home you live in now may be someone’s investment, what will you do when they decide to sell? Many investors are buying Boca Raton, FL homes at the low price today and renting them until the market turns around. You may lose your home when this happens, not to mention you are adding to the investor’s profits. You have to live somewhere, so why not take advantage of the market for yourself and invest in your own home while rates are down.


3. Boca Raton, FL real estate is one of the best investments you will ever make. With the beauty of the area and the opportunity to purchase what you want combined with the low interest rates, you can have a custom home for a price that cannot be beat. Choosing your floor plan and the features that you want are part of what makes this home yours.


4. Do you realize having equity in Boca Raton, FL homes is one of the best investments you could ever make? This is an area that has everything and people flock here every year. After they visit, they begin to consider this as the spot they want to call home. The price you can purchase a home for now minus your down payment and all the payments you make will increase your equity. Equity is an investment that will probably be greater than any other investment you could make.


5. Boca Raton, FL real estate is no exception when it comes to the safety standards required today. Due to Mother Nature lately, stricter hurricane codes are in effect. The homes built today are built to withstand Category 5 hurricanes. Older homes do not have these benefits nor are they eligible for the insurance discounts that are in effect for homes built with the stricter codes.

If you're not convinced yet, come back in a few days and I'll give you five more reasons NOW is the time to buy your new Boca Raton home!

Posted by Gloria Singer on
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