Saturday, September 20, 2008

It's Better to Buy than Rent in Austin

Stop Paying Rent!
It's More Affordable To Buy Than Rent in Austin......

The Austin Area has many Affordable Homes that you can buy & start building for your future in your own home. Plus, there are many financing programs available for First Time Home Buyers and for Teachers/Educators and and people who have jobs such as EMS Professionals, Firemen, and Policemen. Don't let this great Buying Opportunity Pass you Buy - give us a call and get Pre-Qualified by one of our Lender Partners and we'll help you on the path to Home Ownership.....You could be spending the Holidays this year in your own home!

It's more affordable to buy than to rent in Austin (see below) according to data compiled by the National Low Income Housing Coalition. The study states that an average three-bedroom rental costs higher than the cost of a 6-percent interest rate loan for a typical low-priced house, per the just-released report. What that means to people renting two-bedroom apartments is that you would be better off buying a low-priced home rather than renting an apartment.

These are the top 10 markets where it makes sense to buy rather than rent. The full list of 66 markets is available at MSN.com.
1. McAllen-Edinburg-Mission , Texas
2. San Antonio , Texas
3. New Orleans -Metairie- Kenner , La.
4. Houston-Sugar Land-Baytown , Texas
5. Dallas - Fort Worth-Arlington , Texas
6. Rochester , N.Y.
7. Syracuse , N.Y.
8. Buffalo-Niagara Falls , N.Y.
9. Jackson , Miss.
10. Austin-Round Rock, Texas

Source: MSN Real Estate, Marilyn Lewis (09/15/2008)


--Sue Ellett

Sunday, September 14, 2008

Bond Money for First Time Buyer Homes Available in October

Many of the Bond Funds that finance loans for First Time Home Buyers and for First Time Teacher & Educator Home Loans and First Time Policemen/EMS/Firemen Home Loans are being replenished in October for Texas.

So if you live in the greater Austin area or in the Highland Lakes areas of Marble Falls, Burnet and more, you may qualify.

So, now is the time to get pre-qualified so you can buy a home and be in for Thanksgiving or for Christmas. Spend your holidays in your own home!

Home Ownership is a wonderful way to build for your future, reduce your federal income tax, have your own own, and build equity. No more renting!

Email or call today to get the process started. Get Pre-Qualified Today.

Sue Ellett
Broker-Associate
suemellett@yahoo.com
512-422-7182