Monday, April 23, 2018

WORTH - Homeowner vs Renter

NOT Owning Your Home Can Cost Money!

This sounds crazy – sort of like fake news – but studies show that a homeowners worth is 44 times greater than that of a renter.

I’ll wait – go back and read that again!

Is there magic involved? No, not really. There are benefits for homeowners that are simply not available to renters. Typically, you invest some of your money and borrow the rest – it is called leveraging. You earn appreciation not just on your investment – but rather on the total package. Whatever your home is worth is the basis of appreciation. Call it a forced savings program!

As a homeowner, you earn the appreciation, you make a monthly payment (paying down your mortgage balance) and, if you make smart upgrades, you earn on that investment and enjoy their use as well. Another possibility is do some of the work on upgrades or improvements yourself. The combination is a great way to enjoy your home, your investment and improve your wealth. Be sure to follow the link above for more information.

Cost of Renting vs. Buying

I am just going to leave you to your own to check out this chart – and do click on that link above to open it up. Rents are moving up (when do they ever move down?). The current spread is ridiculous. Are you ready to buy?

How Much Do You Need to Make to Buy a Home?

Where you live matters. If you click the link and view the map, the “average” in Texas is $50k. Depending on your city or town, it could be more or less. Compare that to $89k in California!

Texas has much to offer – including jobs. San Antonio is a great city and still holds on to much of its small town character. Friendly folks are everywhere. If you are looking to relocate, come on down and visit. Judge for yourself. If you are local, you already know that. If you are a local renter, time to change that to being a local owner!

Home Buying Myths

This section is addressed mainly to renters who are considering becoming owners. You are also known as potential “first time buyers”. It is time to jump in, don't let obstacles get in your way and become an owner!

There are all kinds of bits and pieces of inaccurate information floating around about what you need for a down payment and what your credit scores need to be. It is time to get the facts and good information. Click on the link above to open up today’s article.

My number one bit of advice is – GO FOR IT. If you want to increase your wealth and ditch the rent payments, you simply owe it to yourself – and if you have a family – to take a shot at getting approved for a mortgage.

What is the WORST that can happen? If someone says “no” you can use that to find out what you need to do to get a “yes”. Once you are approved, we can go house hunting with confidence! Sound like a plan? Call me.

Home Prices Will Increase - 99% of Experts Agree!

Oh lordy, I just love when you can get experts to agree en masse. Nothing is a “sure bet” but the number of experts in agreement lends credence to a predictable outcome. If you click through to today’s report, you can see some varied opinions on how much prices will appreciate, but the upward direction is highly favored.

However, you can toss all that out the window! Just on housing cost alone – not factoring in appreciation - once you become an owner, you can freeze your payment for 30 years. It is most unlikely that you can do that to your rent payment! (If you can, please call me and share THAT secret). Oh, and did I mention after 30 years your payment can go down – yes, down – to zero. Of course, property tax and insurance is not going away any time soon, but principal and interest can be gone! Walk with us on the road to better wealth!

Sunday, April 22, 2018


We are excited to share this news on Earth Day - this real estate blog is now a secure website for your viewing safety.

If you have us saved to your favorites, save us again - this time as https://www.SanAntonioRealEstate.Blog (that "s" in the http matters!)

Our main real estate site is secure too! https://SanAntonio.Homes

Thanks so much for following.

When You Need Space

Our latest video short!

There comes a time when we may have outgrown our present living space. If you have that feeling, you can checkout the homes available and then call to find out how much yours is worth. If you have not bought your first home yet, what is holding you back?

Saturday, April 21, 2018

Highland Estates

We visited a great new community and just want to share a little information about it with you.

Highland Estates is a developing community near 281 and Borgfeld Rd. There are a few great builders there - on this trip we visited Imagine Homes and Whitestone Homes. You will find homes in various stages of construction and, at this time, a nice choice of buildable lots. The views in the area are over the top! If you are looking for a REALTOR to represent you and help you design your new home, call me. I am very excited about new construction and that is why I earned the RCC and CNHS credentials. The builder pays my services! You will find out more about me here: https://flipboard.com/@alcannistra/places-ehhj00ety and my main (secure) website: https://sanantonio.homes/

Wednesday, April 18, 2018

Warmer Place

This is the first of our new video series. We decided to invite family and friends - and folks who want to be new friends - to move to a warmer climate. Checkout San Antonio!