Ocala Buyers - What Are You Waiting For?

Interest rates are at historic lows. They may dip at least once more. But what if they don’t? By waiting, interest rates may creep up again. Please look at these 2 examples that illustrate how expensive a one point interest rate increase can be:

On a $200,000 loan an increase from 6 to 7 percent costs the buyer an additional $47,340 over the life of the loan.

On a $400,000 loan, a one percent interest rate increase from 6 to 7 percent costs the buyer an additional $94,680 over the life of the loan.

According to the Federal Reserve, the average renter accumulated $4000 in wealth between 1995 and 2004 versus the $184,400 average home owner’s accumulation.
It costs the first time home buyers an average of $18,000 for every year they wait to purchase a home.

The incredible drop in prices in the last two years and a historic increase in inventory has led to a more affordable housing market that gives buyers greater opportunity to find their dream home.

CALL THE SHULTZ TEAM NOW
AND START INVESTING IN YOUR FUTURE.
800-243-4087

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Art & Brigitte Shultz
The Shultz Team
#1 Team at Re/Max Premier Realty
Ocala, FL
Toll Free: 800-243-4087
Direct: 352-291-1276
Info@OcalaVisualTours.com
www.OcalaVisualTours.com
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