Orchid show 070001

It is no secret home ownership is one great way to start you on the way to wealth.  In most markets even when your mortgage is not being paid down quickly, values are increasing.  Tax incentives are a great way to offset income.  Build your credit.  I am always surprised when I learn of people who do not want to buy a home and choose to rent year after year.  Why? I ask.  Often the answer is they are looking for a better deal.  Don’t have a down payment.  Credit scores.  Too expensive. Do not want to commit.  Here are my answers to that. 

Park City has an affordable housing committee, these individuals have dedicated time and energy making sure that the area has some access to deed-restricted housing that is affordable to people who are first time buyers and lower income.  Don’t qualify for or don’t want to get into these “deed restricted” properties?  Currently there are great deals on the market and with the low mortgage rates your payments could be as little as you are paying in rent.  There is a ton of property to choose from.  The government has introduced some great incentives with tax credits for down payment assistance to get first time buyers into the market.  With the slow in the housing market inventory is up and there is a ton to choose from.  Your credit scores are an important part of your life–to understand them and fix them log on to www.myfico.com.  Don’t want to commit-I can’t help you.  For more information The Park City Board of realtors has some free classes and great information to help you get started. 

For more information call me or attend on of these ownership classed  Monday June 8th or Tuesday June 9th at the Park City Board of Realtors.  Call to reserve you seat–space is limited  435-200-6900.

Advertisements