Fort Wayne Homes for Sale and Fort Wayne Home Search
Welcome to your resource for Fort Wayne Homes and Fort Wayne Real Estate for sale. Whether you are considering buying, building, or selling a Fort Wayne Home, Courtney Bontempo Realtor (260) 341-5442 can help you with all your real estate decisions, so it is the best experience ever. Here you will find a wealth of information about the many great towns that make Northeast Indiana a great place to live. Please be sure to contact me about the many great programs the state of Indiana has to offer first time home buyers.
ATTENTION FORT WAYNE HOME BUYERS: It's that time of year again and many of you will be getting a tax return. Consumer confidence has begun to return and interest rates are still at or near histroic levels, there really has never been a better time to buy a Fort Wayne home. The time is now to invest in your future and stop paying your landlords mortgage! Worried about not having the funds necessary to buy a home? Don't, there a plenty of options availalbe that can get you into a home for ZERO down. Click the banner above and start the home buying process today.
ATTENTION FORT WAYNE HOME SELLERS: The $8,000 First Time Home Buyer Tax Credit has now expired, but there are still plenty of incentives out there for Fort Wayne buyers to act now. If your looking for an outgoing, hardworking, creative agent, you have come to the right place. I would love the opportunity to earn your business. Have you fallen on hard times and fallen behind on your mortgage? Stop Foreclosure today and call for your free Fort Wayne Short Sale consultation!
Fort Wayne Realtor Courtney Bontempo
5 Search Results Found. Showing Results 1 - 5.
Why rent when you can buy a Fort Wayne Home?
Are you getting tired of paying your monthly rent with nothing in the bank to show for it? Believe it or not, you are not alone. The question becomes, what are you going to do about it? Paying rent every month has a couple of flaws to it-first your rent can go up, and second, your not building any equity.
Fort Wayne is one of the best places to buy a home in the country. We have been ranked for years as having one of the lowest costs of livings. So why do so many choose to pay their landlords mortgage payment each month, rather then choosing to invest in their own futures? I think the answer to many of these questions is that their maybe some misconceptions that paying rent is cheaper then paying a mortgage. After all you don’t have to pay property taxes or home owners insurance. Well owning a home is more affordable then you may think.
Many Fort Wayne Home Buyers question their ability to afford a home, and choose to first rent, but ten years later they can still be found in their cramped apartments. The reality is that you can’t afford not to buy a home. Over the last 10 years, the cost of rental housing in the U.S has increased an average of 3 percent per year. That means that an apartment or home renting for $1,000 per month will cost more than $1300 in ten years. If you rent the same home for ten years, the total amount you would pay for rent will equal $137,567! That’s a very nice home in Fort Wayne!
What many renters don’t take into consideration is the tax advantages of owning a Fort Wayne home. None of the $137,567 is ever returned to you, either through savings or as an investment. Unlike your monthly rent payment, part of your mortgage payment comes back to you in tax deductions. For example, if you buy a Fort Wayne home for $200,000, with a 30 year fixed rate mortgage at 6.5% interest your monthly payment after all of your savings would only be $1,104 for the life of the loan. That’s 30 years. What will your rent be in 30 years? But the savings don’t stop here. You also have to take into account appreciation. According to The National Association of Realtors home values rises on average of 4.5% per year. What this means is that your homes value after 30 years is going to be worth more then double what you originally paid for it. Thus in 30 years or when ever you choose to sell your Fort Wayne home you will make a hefty profit. If you take into account this profit and apply it towards your yearly mortgage payments, it will decrease the total amount of payments per year to $1,566, versus the annual rent of $12,000, which you can’t sell in 30 years.
For a majority of those living in Fort Wayne, their home is their largest financial asset. Call me today and make that first step towards home ownership become a reality. When you call me, I will put you into contact with the best Mortgage specialists in Fort Wayne who will work with you on getting pre qualified for a Fort Wayne home loan. The best thing is that these first initial steps cost you absolutely nothing. Upon getting pre-approved we can schedule a meeting and pin point what it is that you’re looking for in a home. Just remember as a buyer you don’t pay a commission. So my services are absolutely free to you. I look forward to working with you.
Fort Wayne Home Buyers, Now is the Time to Act
Do you realize that mortgage rates in the US today are lower than in 1963? In 1963 the average home cost $17,700. You will probably pay more than that despite the low home prices nationwide, but the current 3.5% average mortgage rate (with no points or fees) is a full percentage point lower than the 6% average of 1963.
During the early to mid 1970s rates ranged from 7.25% to 10% (the norm was 9%), reaching a high of 18% between 1977 and 1981. Today's rates are the lowest in that 47 year history.
When considering purchasing Fort Wayne Real Estate, the important question to most buyers is simply this: "what will my monthly payment be?" not, "what is my interest rate?" But looking at what one would actually pay over 30 years for a $200,000 house is an eye opener. A good way to look at the savings from a low interest rate is this: on a $200,000 loan, one point in interest rate saves you almost $50,000 over the life of a 30 year loan. That can be college savings for your children.
Call your Realtor, Courtney Bontempo of North Eastern Group Realty today to set up home showings for this weekend or to discuss any questions about any Fort Wayne homes for sale. I am also very knowledgeable about the tax credits for home buyers/sellers, as well as the different loan packages available to potential buyers.
Home prices fell again in January of this year. They are even lower than in January, 2009. The supply of homes to choose from is up; the highest in 9 months. What are you waiting for? With a historic indicator of home prices, rent trends, rising for the first time in months and mortgage professionals predicting a jump in rates soon, the stars could not be better aligned to take advantage of the Federal tax credit and buy the home you have been dreaming of.
Fort Wayne Real Estate
Fort Wayne offers a great variety of housing to suite everyone’s needs. The combination of affordable housing, low cost of living and high quality of life is what sets Fort Wayne Homes apart. Add a wide variety of options into the equation and you have a truly good value for your housing dollars.The same analysis showed that the region added an estimated 15,000 new housing units over the past five years, approximately 12,000 of which are single-family dwellings. New developments continue to pop up in suburban areas surrounding the city, and conveniently located medical facilities, schools,libraries, parks, retail stores and restaurants add to the appeal of Fort Wayne's housing market. Home buyers who prefer the charm of established neighborhoods or appreciate the historic significance of many older homes have an array of choices in the Fort Wayne market. West Central, Bloomingdale, Forest Park, Lafayette Esplanade, Southwood Park, North Anthony - East Central and Wildwood Park neighborhoods serve as just a sampling.
Contact Courtney Bontempo for all of your Fort Wayne Real Estate needs.
Courtney Bontempo Realtor
124 W. Wayne St Suite 202
Fort Wayne, IN 46802