Whether you’re just starting out, building a family, or downsizing, finding the right home can make all the difference. It provides comfort, stability, and with the right choices, a great investment.
Current economic conditions have us all feeling a bit cautious but national news reports aren’t always giving you a clear picture – especially if you’re a prospective buyer in New York State.
Right now is a great time to buy in New York State. In fact, with record low mortgage rates, a great selection of inventory, favorable affordability, and significant tax advantages of owning a home, it’s never been easier to “Feel at Home in NY.”
New York State Mortgage Programs
The State of New York Mortgage Agency (SONYMA) offers a variety of mortgage programs to assist you with the purchase of a home in New York State. Each mortgage program features a competitive interest rate, low down payment requirements, no prepayment penalties and down payment assistance. From a construction incentive program that features 97 percent financing to a mortgage credit certificate program that converts a portion of your annual mortgage interest into a tax credit, each of their programs is designed to make your home purchase more affordable.
For more information on SONYMA and their programs, click here.
The value of a REALTOR relationship
For Buyers
REALTORS have access to the most up-to-date property listing information – making them your best resources for finding the right home. They help you determine what you can afford and assist you in navigating the purchase process. A REALTOR will help you navigate record low mortgage rates, the incredible selection of homes to choose from and the tax advantages of homeownership.
For Sellers
REALTORS can help you set a realistic price, figure out approximate net process, and handle almost all aspects of conducting the sale itself – from phone inquiries and appointments to open houses and showings.
Click here to find a REALTOR today who will help you Feel at Home in NY!