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Is now a good time to buy

 

 

house-1407562_1920Is now a good time to buy

I have been asked this question many times recently and can honestly say, it’s never a bad time to buy real estate. Due to many recent interest rate hikes in 2022, it has pushed many qualified buyers to put their interest in purchasing a home on hold. Yes, interest rates have climbed, and we have no control over this but rent payments have also increased. As a homeowner, you have the tax benefits and build equity as the years pass making it one of the soundest investments one can make. The name of the game is buying your home now, enjoy it, and you can always refinance in the future if and when interest rates improve (marry the home, not the rate). Let’s be real…The interest you’re paying your landlord is 100% because you have absolutely no ownership or tax benefits when renting. In this market I am seeing more flexibility lately from sellers willing to entice buyers in the way of price reductions and seller concessions to help buyers cover a good portion of interest rate buydowns and closing costs. Many wealthy Americans have built wealth in real estate, and you can too. Qualifying nowadays is a lot easier than one would think and I promise to make the process seamless and as stress free as possible. Do not believe the myths floating around that you need 20% down to buy a home, we offer the VA program to qualified Veterans with no money down and other loan programs with as little as 3-5% down payment. If a down payment is required, the down payment can come from a 401K or TSP retirement account, a gift from an immediate relative, a savings account, a combination of all these, or even a grant from an employer. Feel free to reach out anytime for a free consultation and begin building real estate wealth!

 

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Licensing

Andre Enriques
License # NMLS 220937
DRE # 01713544

Contact Us

Andre Enriques Mortgage Banker - VA Loan Expert, a dba of Anchor Funding Inc

Chula Vista Office
Phone: (619) 323-2066
Cell: (619) 208-6499
891 Kuhn Drive, Suite #204
Chula Vista, CA 91914

San Diego Office
Phone: (619) 208-6499
6336 Greenwich Dr, Suite A
San Diego, CA 92122

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Equal Housing Lender

NOT ALL APPLICANTS QUALIFY. First Priority Home Loans is a DBA of Anchor Funding, Inc. is licensed by The
California Bureau of Real Estate #01276087. FHA Non-supervised lender #00257-0000-5
NMLS #1626581 & #236419
NMLS Consumer Access
Loans made or arranged pursuant to the California Department of Financial Protection and Innovation
California Finance Lenders Law license number 603 L293