
It's the Perfect Time to Buy a New Home
- Interest rates are near all-time lows.
- More inventory homes means better selection, and better prices.
- Enjoy huge tax benefits, mortgage interest is tax deductible.
- It is as affordable as renting.
- Make a smart long-term investment and build equity.
Are you still on the fence about buying a new home? Using the charts below, you can weigh the benefits of owning versus renting and buying a new home versus buying a used home.
After a quick comparison, we think you will agree there's no place like a new home of your own.
Owning vs Renting | |
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Enjoy huge tax benefits. Mortgage interest, certain real estate taxes and mortgage closings costs are tax deductible. | There are no tax benefits. Rent is not tax deductable. |
It is as affordable as renting. You can now buy a home that is comparable to the space you are renting with equal or lower net monthly payments. Take a look at our mortgage calculator to see what your monthly payments will be. | Rent payments cannot build equity. |
Make a smart long-term investment. You are in control of your monthly payments, and each mortgage payment you make goes towards building a nest egg for your family. | Rent payments disappear forever. |
Gain security and a place to create memories. | Your landlord can decide to not renew your lease whenever they please with little notice and you will have to find a new place to live. |
Your children can enjoy playing in your yard. | Your children must play in the parking lot. |
Go ahead, decorate. | Live with the wallpaper and flowered fabric sofa. |
Cultivate a beautiful garden. | Water a couple of potted plants. |
Do laundry whenever you feel like it. | Forage for quarters each week and travel to the laundromat. |
Park your car in a 2-car garage. | Search for parking on the street. |
You have space for your family to grow and plenty of storage space. | Your children share a room and storage space is overflowing. |
Your pets have a yard to play in. | Your pets are unwelcome. |
Now that we have convinced you of the advantages of buying a home, you should be aware of the important benefits of buying a new Skobel Home versus an older, used home.
New Home vs Used Home | |
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Live in a contemporary floorplan that reflects the way you live today with great rooms, larger closets, and state-of-the-art kitchens. | Take on costly and time consuming renovations. |
Build your dream home. Have the benefit of designing your home in your unique style by choosing from a variety of options such as flooring, cabinets, paint, exterior colors, etc. with the help of our professional designers. | Live with someone else's style decisions. |
Everything in your home is clean and brand new. Be the first to cook in your stainless steel oven and then soak in your luxurious garden tub. Everything in your home is made from the latest materials and newest technologies that are built to last. | Be prepared to rip up out-of-date carpeting, repaint walls, and replace appliances. |
Enjoy an energy efficient home. View our green home features and learn how they will save you money and benefit the environment. | Pay higher energy bills and have diminished air quality. |
Your new home is protected by workmanship, material and structural warranties as well as direct manufacturers' warranties for items such as stoves, dishwashers, etc. | Encounter unexpected and costly repairs. |
Benefit from enhanced electrical systems that are designed for today's advanced technology with Ethernet and TV cables wired to every room and plasma ready walls. New homes are being wired to accommodate electrical needs that did not exist just a few years ago. | Electric wiring does not accommodate all the new advances in technology that we have today. |
New neighborhoods foster a sense of community with neighbors sharing a common bond. They have all recently built their new home and are committed to improving their family's quality of life. | Might not have a common bond with your neighbors. |
Convenient closings through Skobel Law, P.A., our in-house counsel and title services that will make sure your closing goes smoothly. | Closings are with the seller's attorney. |
So what are you waiting for? Now is the time to buy a new home.