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Are you one of the many people that have considered buying a home? You might be on the fence about the idea of purchasing a home for the first time. If you are hesitant about buying a home on the real estate market, it might be time that you learned some of the surprising reasons why 2017 is the year that you should finally make home buying a reality for you. There are a few reasons why you should not miss out on your opportunity to buy a home this year.
One of the reasons why you can be in the driver's seat as a homebuyer is because there are an over abundance of units that are for rent in the Brisbane market. This means that you as a home buyer have an advantage. When there are more units that are for rent than there are potential renters looking to rent, this makes buying a house more strategic.
2017 is a great year to consider buying a house because they will reap a higher rental yield per year compared to the oversupplied units on the market. While units are oversupplied on the rental market this makes houses more strategic to purchase with rents being higher and there being a demand in the right area.
Another reason why this is the year that you should think about buying a home is because this is the year that you can get access to a really low interest rate. Did you know that your mortgage payment could actually be lower than the rent that you are currently paying? If you have good credit and have the ability to qualify for a low interest rate, there is no reason why you should put off buying a home any longer.
There are some really low interest rates that you can get access to when you are looking to get your first mortgage. This is the year that you should look at to get access to some of the lowest interest rates that have been around for years. This means that you could be paying less for the home of your dreams. Now really is the time that you should buy a home.
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