Why buy now?
So you are thinking of buying a home, but can’t decide if it is a good time to buy? Here are some reasons why there has never been a better time to buy!
- It’s a buyers market! Take advantage of low prices. New homes are currently a bargain and when the market improves your investment could even make you money!
- Interest rates are low! Low interest rates will let you save a significant amount on your mortgage
- Owning a home builds equity! Home equity is the difference between the value of the home and the amount still owed on the home. Once a person’s pays off their mortgage it is ideal that there is some home equity in the home.
- Tax Deductions!
- Earn a tax credit of $7,500! First time buyers or those who have not owned a home in three years get a tax credit of $7,500 if they buy and close before December 31.
- Stop paying rent! If you have the money to buy but are still renting you may as well just be throwing your money away. You’re not gaining anything. Stop renting and start owning!
Here are just some of the reasons why now is the time to buy and New West Realty offers a variety of home styles in various Chicago locations all at great prices. If you are still unsure or not financially ready to own, New West Realty also offers some great rent-to-own deals. This is a great way to take advantage of the great prices while helping you build your down payment.






















I agree now is the right time to buy a new home. With the current real estate market you have so many options in Chicago at prices you can’t pass up.
Those looking for a new home should take advantage of what is available in the Chicago real estate market. It sounds like New West Realty is making it easy by offering a couple of choices for homebuyers.
I hate the thought of just throwing money down the drain for renting. I realize I am strapped for money right now with the economy being so bad but for me as a first time home buyer I am realizing that the time to buy is right now with the rates and the options of homes for good prices, not to mention that awesome rebate check. Thanks for this info.
I’m going through the refinancing process right now because rates are absolutely amazing. This year, if people are renting, is the perfect time to buy a new home because of the buyer’s market.
This is such a perfect article for first time buyers like myself. I have been contemplating holding off until mid-next year but there are so many reasons to act now. The tax credit is a great incentive for me to close before December 31. Never did I thought I could afford a new home until lately. Thanks New West Realty, you made me more excited to buy now!