Should you be renting or buying? This is a question you’re likely to ask yourself. As a renter, you may think that you don’t have enough saved for a down payment, you may be worried that you won’t qualify, or you may simply be intimidated by the process in general.
Fact: you need to live somewhere. If this “somewhere” requires a monthly payment, it is time to look at the numbers and consider whether or not you may be better suited as a homeowner rather than a renter.
Let’s say you pay $1,000 per month for a year.
That’s $12,000 per year.
Let’s say you live there for 3 years.
That’s $36,000 toward someone else’s mortgage!
Why not put your money toward something that is YOURS? If you’re not sure if purchasing a home is feasible for you right now, I’d love to meet with you to discuss your options and help you get positioned to take this next step. I have a feeling owning real estate is closer than you think.