There are many things to consider before taking that first step towards purchasing your new home. Below I have put together a list of variables that may help you when purchasing your new home.
Remember these are just generalizations and real life situations do vary. Contact me today, if you are interested in receiving more information about taking the first step on the path to buying real estate.
Better yet, if you are a first, second, or tenth time buyer come out to my free First Time Home Buyer Seminar. At the seminar I give a detailed account of what you need to know when purchasing your first or next home.
My goal is to provide my clients with the tools necessary to make an informed decision when jumping into the market.
- Marco Chiappetta
|
This is a decision which many people face, and the decision is not as easy to make as it may sound.
As a homeowner, you can reasonably expect the equity in your home to increase over time as your mortgage is paid down. That, combined with regular appreciation in property values, can be a rapid and rewarding way to increase your net worth. In contrast, the person renting over the same amount of time is left with no property investment but may have enjoyed lower living expenses and the opportunity to invest in other opportunities.
When comparing owning to renting, you have to add up all of the figures, including the cost of your home, the size of your down payment, utilities, immediate repairs, interest rates and insurance, and compare them with how much you are currently spending on rent.
Of course, you also have to place a value on the enjoyment and satisfaction that you will derive from owning your own home.
|
 |
Whether your interested in renting a property or purchasing a property I can help you. Contact me today to immediately receive listings directly to your inbox.
We only collect personal information necessary to effectively market and sell the property of sellers, to assess, locate and qualify properties for buyers and to otherwise provide professional services to clients and customers. I/We do not sell, trade, transfer, rent or exchange your personal information with anyone.
