Are you renting? We know that when you are renting, it can feel like a major decision to buy that first home, but we also know that there are many, many, many benefits to buying.
Paying rent only keeps you sheltered for one month at a time and your rent pays someone else’s mortgage. Why not put some of every monthly payment towards something that you own? Plus, the interest portion of your mortgage is tax deductible! Moreover, while rental rates fluctuate, usually increasing, a fixed-rate loan will insure consistent payments for you for up to 30 years!
Buying also give you stability, not having to worry about when you will be moving again. It allows you the freedom to make the home yours; paint the living room the color that matches your favorite couch, replace that vanity in the bathroom, stop worrying about putting that hole in the wall to hand your new television. When you rent, your landlord and the terms of your lease restrict you. Buying your own home can mean that you can have that pet you’ve always wanted!
Have you thought about buying but would rather not have to deal with maintenance? Perhaps a condominium is the right answer for you. For a reasonable monthly association fee, most of the exterior maintenance is taken care of for you. Some condominium associations come with additional benefits such as a pool, tennis courts and common acreage. This might be the perfect step if you aren’t ready for all the responsibilities of keeping up with everything a home might need.
Perhaps you worry that you can’t afford a mortgage, but do you know that right now interest rates are at an all time low! It is one of the best times to buy. We have a team of Buyer Specialists that can help set you up with the right lender and put you in that dream home you can finally call your own. Stop throwing away your month every month on rent. Let us help you turn a monthly expense into a long term investment.
Our team has the knowledge and the experience to help guide you though the home buying process. Contact us today by emailing us at [email protected] or call us at 802.846.4888