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WHY BUY NOW!!!
What I think
Now is a great time to buy the home you have been looking at.
As of September 8th ...
1. Rates have been reduced to 5.875 w. 0 points
2. The Feds are offering a $7,500 interest free loan to buyers making
less than $75K or couples making less than $150K combined until July
1st, 2009
3. There is a wealth of properties to choose from as many people have been hesitant to buy
4. Sellers are eager to negotiate as we are enteriing the slower season.
5. Developers are ready to throw in loads of incentives as they have over developed in many cases. And need to stay very competitive.
6. Concessions, repair requests and leave behinds are readily negotiated
7. Rents are rising! There has never been a more expensive time to
rent in Philly. And they will keep going up. So, if you are interested in purshasing a home to earn passive income, now is your time.
8. It's not Spring. Most people buy and sell in the Spring. Be one of
the few to make an offer in the Fall or around the holidays and LEVERAGE
9. Forbes just ranked Philly as the 4th best U.S. city to buy in
http://www.forbes.com/
10. And as always... the tax deductions, equity build up, appreciation
and pride of ownership are still compelling factors!
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