5 GREAT REASONS TO BUY A HOUSE TODAY

When my husband and I first bought our house, one of the main reasons was to finally let our boys play, run, and get loud without the worry of someone complaining about it to the landlord. Todays market is a little different, there are some really great reasons to buy, some that may not be around for long. Here are the top 5 main reasons I think, should motivate you to get off the fence and buy now:

1. Affordability: According to The National Association of Realtors, homes have increasingly become more affordable during the last couple of years. We can go as far as saying it's the most affordale since they started tracking with the housing affordability index in 1970.

2. Lots of homes to choose from: Inventory is very high, more in some areas than others, never -the- less, a good thing. Today you have the luxury to be "picky" when selecting your home.

3. Interest rates are at historic lows: Let's lock in those low rates guys, because the reality is, they will go up.

4. Tax Credit: The first time home buyer tax credit was extended last month, you may qualify for an $8000 tax credit, or if you already have a home and have been there at least five years, you may qualify for $6000.

Tax Credit Update

5. FHA Mortgage Limits: Currently in L.A. County you can get an FHA loan for up to $729,750 on a single family home. Remember FHA allows you to purchase a property with up to 4 units as long as you intend to live in one of them, the loan limits increase with number of units on the property. Not too bad for only 3.5% down.

FHA L.A. County Loan Limits (High Cost Areas)
Single Home $729,500

Duplex $934,200

Triplex $1,129,250

Fourplex $1,403,400

Our Birthdays at Disneyland

My son Benny and I both have the same birthday. This year we decided to celebrate at Disneyland. Thanks to their birthday offer, we both got in for FREE. Our family couldn't pass this deal up. It was great! Usually I'm worrying about guest lists and party favors, instead I got to spend it with my favorite people at my favorite place. Disneyland is so beautiful this time around, it was all dressed up in Christmas decor. The best thing of all is that Benny had a blast. He said this was his best birthday ever, which made me so happy because it too was my best birthday ever!!

My first blog.

Ok, so I'm new to this. I've enjoyed reading other friends' blogs, and became inspired to start my own. I decided that I would give this a try, or as some would say "get on the band wagon" LOL. There is so much stuff going on in my life right now, that I hope to be able to update this on a consistent basis. I think this will be a good place to express myself, maybe vent, perhaps share some moments with you all. Happy blogging, and good luck to me. :)