Ways To Use Your Tax Refund If You Want To Buy a Home
The Gentry Team April 16, 2024
The Gentry Team April 16, 2024
Saving for a down payment – One of the biggest barriers to homeownership is setting aside enough money for a down payment. You could reach your savings goal even faster by using your tax refund to help.
Paying for closing costs – Closing costs cover some of the payments you’ll make at closing. They’re generally between 2% and 5% of the total purchase price of the home. You could direct your tax refund toward these closing costs.
Lowering your mortgage rate – Your lender might give you the option to buy down your mortgage rate. If affordability is tight for you at today’s rates and home prices, this option may be worth exploring. If you qualify for this option, you could pay upfront to have a lower rate on your mortgage.
Stay up to date on the latest real estate trends.
Here are what experts are saying about both prices and rates.
If you’re ready to sell now, beat the competition before it comes onto the market.
You’re not just meeting your own needs, you’re also making a positive impact on the community.
You may have seen talk online that new home inventory is at its highest level since the crash.
Every slowdown in the past has eventually given way to more activity, and this one will too.
If concerns about bidding wars have been holding you back, it may be time to take another look.
If you tried to buy a home a few years ago, you probably still remember the frenzy.
If working with a team that truly gives back to the community matters to you, we would make a great match. Reach out today to get started on buying or selling your home with a team that knows Moore County inside and out. With decades in the industry and an exceptional team of sales specialists, The Gentry Team has sold more homes than any other real estate firm in Moore County—and more than the total volume of most real estate companies in the region. This level of experience is unmatched, allowing us to help you sell your home for top value while anticipating and handling every detail along the way. We work collaboratively, combining our collective expertise to achieve the very best results for our clients. It is an approach built on trust, teamwork, and proven success. When you work with real locals, you get real results.