Do you ask yourself: Should I continue renting or should I consider owning a home?
There are major financial benefits that homeowners get. I hope it will help you to evaluate if buying is right for you.
1. Low Home Prices.
It is the best time to take advantage of low home prices that you might never see again and get into real estate game, especially if you are a first-time homebuyer.
2. Low Mortgage Rates.
Since mortgage rates are historically low, it is no doubt that borrowing money is cheap. Over the long run low interest rates can make owning a home much cheaper than renting. Rent might be going up every year but not your mortgage payments, if you get a fixed rate mortgage.
Stop by an Open House to see this lovely & well maintained 3 BR 2 1/2 Bath townhome in Newtown Square and Great Valley School District! It is PRICED TO SELL and ready for you to move right in! Main level features beautiful hardwood flooring, double–sided wood burning fireplace, powder room. Eat-in kitchen features newer dishwasher and microwave, tile floor, plenty of cabinets and counter space, custom table w/ high chairs and a slider leading to a deck overlooking a peaceful wooded area. Upper level offers Master Bedroom with double closets and master Bath, second Bedroom, hall Bath and hall Laundry closet. Spacious loft is a Bedroom/Office with skylights and storage. Lower level features a large entertainment room with a custom dry bar making it a fun gathering place. New roof (2009), new windows (2011), new HVAC (2010), new carpeting on stairs & second Bedroom (2009), washer/dryer (2007). Enjoy the great private location within the development with plenty of guest parking. NO THRU TRAFFIC! Convenient to Rt.3, 926, 202, 1 & 352.