Today is Possible to Buy that Home That You Have Been Dreaming About...
Current interest rates, both variable and fixed, are so low than buying a house right now it's a no-brainer.
At this moment, first-time homebuyers have an opportunity to get their own home with greatly lower interest rates, more selection of homes, attractive prices and new government incentives. It is going to be probably cheaper for them to buy a home than renting one.
Government incentives for first time buyers include new tax credits of up to $1,350 for homebuyers to renovate their home, an increment of the amount first-time homebuyers can withdraw from their RRSPs from $20,000 to $25,000, and a tax credit for first-timers of up to $750 to help cover closing costs.
Also, for current home owners in Barrie and area now is a good time to move up. They have built up equity in their homes in recent years and this would be the perfect time to take into consideration upgrading because borrowing is amazingly cheap and they could get that home that they have been dreaming about for a long time.
If you are considering to buy your first home or to upgrade your current home please call Peter Clarke at ELITE ACCESS REALTY INC., Barrie Real Estate Brokerage at 705-716-7611 or go to our website at www.BarrieProperties.com.