Posted 8.24.12 @ 7:5
While most of us want to buy Oakville real estate as an investment or fulfilling the Canadian dream, some of us need a bit more of a push. Here we’re going to discuss why you would want to buy a home, the benefits and advantages, and help you make sure you’re ready to buy a home. With mortgage rates at all-time lows and so many great properties coming on the market for sale, now may just be the time for you to take the leap and buy a home!
Low Interest Rates
With low interest rates you’ll be able to ensure that you’re getting the most home for your purchase. Low interest rates also mean that the real price that you pay for your Oakville luxury real estate are as close as possible; interest over time can add up to tens of thousands of dollars of extra costs on the price of your home. You’ll find lenders are much more competitive now, and you’ll be able to choose who you want to do business with. It’s important to lock in low interest rates now before they bounce back up again in 2014.
The economy is stable, which means there is a steady amount of inventory (homes on the market) available. With many people selling their homes and buying new ones, you’ll have your choice of what kind of Oakville real estate you want to buy! From a small investment property or vacation home, all the way up to Oakville luxury homes for sale, you’ll be able to find it all for sale. You’ll want to work with one of our Oakville realtors to make sure that you’re getting the right home for what you need now and in the future.
A Home is a Smart Investment
No matter what, you’ll always have your house! Oakville real estate is a wise investment; it gives you equity to borrow against now and something you can sell when you need to. There are many different kinds of homes for sale right now, and depending on what kind of investment you want to make you’ll want to look at different homes.
Condos (Oakville luxury condos in particular!) accumulate value at different rates than houses, so you’ll be able to get a great home and watch it grow in value over time. The older homes may need a little love, but they’ll be closer to the center of town. The newer the home is, the more likely you are to have to commute; make sure you take things like this into consideration before you choose a place to settle down in.
If you want to live in the safest place in the GTA, Oakville is the answer. With great homes, great communities and amenities that make it to the top of Ontario, Oakville real estate is a great investment. Why just have a house when you can have a home?