Top Ten Reasons Why Buying in Orange County is Still A Deal!

  • Private property, not politicians’ promises, is the basis of liberty.
  • Your own house on your own land is the last truly private space in populated areas.
  • Over your lifetime, rent money’s gone with the wind; equity grows with you.
  • Home ownership makes you feel good. Walking on your own land restores the feeling of personal sovereignty.
  • Your own home is a bastion of peace, civility, order, and a true refuge for decades to come.
  • These interest rates are the most remarkable in decades. The Fed will likely keep short-term rates low not just until after the next election, but until the European Central Bank lowers Euro rates (and shrinks the gap between US and Euro rates enough to neutralize it as a major factor in trans-Atlantic capital flows) By the next decade, the 20-teens, will have galloping inflation so a hard asset will be good to have and a confirmation of your wisdom now.
  • A second house as an income property will help you sleep nights.
  • According to a representative at Terra Mortgage (powered by Countrywide) when purchasing a $600,000 home, a buyer can now obtain an interest only loan with a monthly payment of $1800.00. The interest is tax deductible. When you consider how much $$ goes towards the principle every month anyway, this is a terrific deal.
  • Orange County offers sun, sand and surf year round with the absolute best climate worldwide. Your home in O.C. is the envy of tourists from all corners of the globe.
  • A house is a lifetime hobby. It’ll keep you out of mischief and make you develop wholesome skills.

 

Susan Saurastri is a Realtor with Star Real Estate. Submit your suggestions and questions to her at 714-962-8136 or www.FountainValleyLiving.com

Posted on September 2, 2011 at 12:31 PM
Susan Saurastri | Category: Advice Column

Comments are closed.