Tuesday, March 3, 2015

Tax Return Burning Hole in Your Pocket: Use It To Invest

Image result for tax refundIt's that time of year again, you're getting your tax refund! If you're thinking, YAY FREE MONEY, why not spend some of that money on a down payment for a house? 

Think about it, you're always going to need a place to live and tenting means living by someone else's rules. You want a pet? Too bad your landlord says no. You want your friend to move in? Too bad they aren't on the lease? Sick of your upstairs neighbors blasting their music at all hours? Or maybe you've outgrown your current place and fighting over bathroom space with your S/O is getting out of hand?These are all too common with apartment living or even when you're renting a house.

Image result for home loansWhy not buy? It's not as scary as it sounds and with government programs like FHA, and MFA you can get 3.5% down payments or even a $500 down payment as opposed to the usual 10-20% down payment for conventional loans. This means your tax return could be more than enough to buy a home. With even a little left over to buy yourself a house warming gift or two ;)

There is so much in the market right now.  Whether you're handy and want a fixer upper, there is foreclosure with your name on it. Or if you want new construction, where you can pick everything from your floor plan to your paint colors, I can help you find it.
Give a call (575) 521-1000 

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