HOLY SMOKES – now is NOT a good time to rent. Click on the link above and have a look at the attached report – especially the rent graph from 1988 forward. Constant up!
Just a thought – buy your home today and look at your payment in 5 years. Or rent from someone and look at your payment in 5 years. Try is at 10, 20 or 30 years and see which one went up how high.
Oh, one more thing – if you got to 30 years your mortgage payments stop. Uhmm – chances are the landlord will still be expecting next month’s rent.
Don’t get me wrong – sometimes renting makes sense. Perhaps there is a hidden reason, a short term or even a special goal. If you are a regular follower, you know that I am renting right now. However, the majority of renters want to live the dream. Homeownership is the American Dream.
Sometimes folks hold back because of incorrect information or fear that they cannot do it. If you really want to own – call me – let’s talk about it. There is no shame in trying. Who knows, you might get to live the dream.
Spring! What a great time of year. New colors, fresh air, sunshine – the beginning of something new. It is also a great time to move forward on the road to homeownership or a move up – or, if it is time, a move to downsize. Whatever is right for you at this time in your life – go for it!
If you are buying the first time or moving up – spring is good as prices are going up! Spring is good as interest rates are forecasted to move up this year. So, you want to beat the rush and the added cost? Now is good.
Why move forward now? Have a look at the chart and click on the above link for more comments. Waiting is going to cost money. The playing field is changing. Get a jump on it today.
How complicated is it to get a mortgage? It is not that bad at all. You work with a professional who understands and can explain all those forms. You will get to sign your name a few times – alright, more than a few times – but not bad considering you sign your name and you get a house!
Just remember – stick to your budget and consult the pros. There is absolutely no need to spend more than you need to or more than you are able. Start with the pros BEFORE you shop for a house. Then you will know what price range to look for. It is a better way to go!