Is Now the Right Time to Buy?
People choose to purchase a home for a variety of reasons. Space, privacy, proximity to family and friends, and a sense of community can contribute to the decision to buy a home. Tax breaks, transportation, amenities, and the opportunity to build equity are also factors. But the biggest reason cited by homebuyers is simply the desire to own. According to the National Association of REALTORS, 75% of first-time buyers are former renters. They prefer to build equity for themselves rather than for someone else.
What are your goals for buying a home? You might want a better home and neighborhood. You might want a different kind of living experience, such as moving from an apartment to a single-family home with a private garage and yard. Your family may be growing, so you have think about school districts and proximity to parks and other recreation.
Renting is a short-term convenience, and a great hedge when property prices are spiraling downward. But for long-term gains, tax benefits and building equity, owning a home is better. So how do you know if it's the right time to buy?
Only you know if you're in the right position to buy a home. Your lender will let you know how much home you qualify to buy. Your real estate professional can help you find neighborhoods and homes that are within borrowing limits. Compare the rent you're paying now with the monthly payment you'll be making including property taxes and hazard insurance.
Ultimately, you will know if it is the right time to buy if you can picture yourself living in your new home, comfortable with. your new neighborhood as well as with your mortgage payment.
To learn more about buying a property with Engel & Völkers Foothills, visit the link or give our office a call at 828.584.9999.
Engel & Völkers at a glance
Let us introduce you to the Engel & Völkers global real estate brand. The foundations of Engel & Völkers were laid by Dirk Engel in Hamburg, Germany in 1977. Three years later, he was joined by Christian Völkers to open the company's first brokerage. The two founders went on to develop a global luxury brand with a focus on exceptional real estate systems and service. In 2006 Engel & Völkers entered the US and began its Americas growth story.
In the Americas there are 6200+ professionals and 300 shops in 7 countries. Globally, there are 16400+ professionals and 1,085 shops in 33 countries.
Engel & Völkers Foothills officially started doing business in early 2023 as the real estate office previously did business under the name Lake James Real Estate. For more than 20 years, Lake James Real Estate was a staple name in the local community help clients with real estate. It was an easy choice for Polly and Steve Leadbetter (Owners) to partner with the Engel & Völkers brand because of shared values, collaborative culture and the collective desire to ensure client are working with experts in each community we serve. Both Lake James Real Estate and Engel & Völkers share the same vision: making your needs our mission through competences, exclusivity and passion.
We will continue to provide exceptional service and how our real estate professionals can leverage the global resources and expertise from Engel & Völkers.
Engel & Völkers Foothills has offices located in Morganton and Nebo. We help clients buy and sell in Burke, Caldwell, Catawba and McDowell.
Give us a call today or visit us online.
828.584.9999
www.foothills.evrealestate.com
Engel & Völkers Foothills Grand Opening
On June 15, 2023, we celebrated our grand opening of our newest Engel & Völkers Foothills Longtown Shop and joining the EV family. Thank you to all of our staff, people in our local community, clients and attendees from Engel & Völkers Corporate and other shops who came to support us. A very special thank you to our owners, Steve and Polly Leadbetter for their work word and dedicated leadership.
The foundations of Engel & Völkers were laid by Dirk Engel in Hamburg, Germany in 1977. Three years later, he was joined by Christian Völkers to open the company's first brokerage. The two founders went on to develop a global luxury brand with a focus on exceptional real estate systems and service. In 2006 Engel & Völkers entered the US and began its Americas growth story.
Since 2006, Engel & Völkers has continued to grow and dominate the real estate market. The latest numbers show there are 16,000+ Engel & Völkers professionals and 1,087 shops all across 33 countries globally.
Our real estate advisors at Engel & Völkers Foothills strive to provide an experience of the highest caliber with the utmost competence, exclusive expertise and passion for all that they do. Across the street, across the country or across the world, our global network gives the reach and coverage, premium experience and resources and peace of mind you need when buying or selling a home.
We are excited to be apart of the Engel & Völkers family and look forward to helping clients buy and sell real estate in Burke, Caldwell, McDowell and the surrounding NC Foothills for many years to come. Stop in and visit us at either one of our locations! 7298 South Mountain Institute Road, Nebo, NC 28761 or 3053 NC 126, Morganton, NC, 28655.
