Should You Buy or Rent a Home?

These days know one seems to know what to do about anything, particularly investing your money. But I happen to believe that real estate is a great investment, especially if you are investing in Newport Beach or any coastal area. Yes there are going to be down times but real estate is for the long haul. Following are some reasons on why you should consider buying a home today.

• Inventory is huge, there are plenty of homes to choose from.
• Interest rates are at 50 year lows, it won't last folks.
• If you are a first time buyer there is the $8,000 credit offered to you by the government.
• Ownership locks in your monthly mortgage. You wont have to worry about your rent going up.
• Owning a home is a future investment, renting leaves you with nothing.
• Owning a home offers you tax benefits. When you rent your landlord gets the benefits.

Buying a home is very emotional. Please be sure to speak with a reputable Realtor before making a decision. Feel free to contact me with any questions you may have. No obligation!