Coldwell Banker Norwood MA, Westwood MA - Sal Cortese

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Thinking About Buying a Home Now? If you have gotten this far, one thing is clear ...you want your own home. You now know the incredible investment and tax savings you receive has made homeownership the #1 way most people in this country accumulate new worth.

Many of you visiting this website could have purchased home several years ago. Realizing the money and tax benefits renting is costing you-why haven't you bought a home?

You can't afford to procrastinate any longer!

Need to Get PreQualified

Getting PreQualified is the first step prior to begining your home search. Get PreQualified!

Buying Home is a Smart Investment!

Appreciation is a Good Thing.
In 1992 a young Massachusetts couple purchased a home for 126,000. They bought it with a FHA mortgage. Their total "out of pocket" cost was $6,000. That money covered their down payment, closing cost, taxes, insurance everything.

Ten years later they called for financing of their next home. When asked how much their new home would cost they said $374,000. Then they were asked how much financing they would need ¬ they said $254,000. They were putting $124,000 down! Their down payment was the equity they received when they sold their home. Ten years after purchasing their home for $126,000, they sold it for $250,000! Their $6,000 investment had turned into $124,000 in 10 years. That's a 207% return per year on their $6,000.

We know it sounds too good to be true. When they were asked, "What did you do to the house?" They said nothing. They kept it up and they made their mortgage payments. You're also making mortgage payments right now. The difference is that you're making your landlord's mortgage payment. For those of you who have a 401K, you would agree that if you had a 20% return last year, you were happy. Consider that against a 207% return!

REMEMBER! You are paying interest and Real Estate taxes right now - they're just not yours, they're your landlords. Your landlord is receiving these benefits.