Yesterday I was out walking with a friend, who is currently renting an apartment. She is in a new job as a teacher, and doesn't know how long she will stay in her current position. She has all the necessary resources to purchase, but her question was: "Is now a good time to buy a house?"
I get this question frequently, given the current real estate market. So much has been changing over the years. Property values have significantly increased in Orlando. The news is reporting on the sub-prime loan problem every day. There are mixed messages in the media.
My response: Yes, it is a good time to buy. Why? The interest rates are good. There are properties to purchase in every price range. The key? Buying property is a great investment. You have tax advantages not available to renters. When you leave an apartment, you don't see any appreciation in your asset! Consider the advantages......
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