Are You Renting When You Could Be Owning Your Own Home?

Renting is great, you have easy access to "free" maintenance and amenities like a pool or workout room! However, ask yourself this question, is renting making you any money? Of course not! Unless you know a secret no one else knows. Renting is like paying a mortgage and not having appreciation on your side because you don't own the property. You're helping someone else make more money when you rent. 

I know what you're asking, there is no way that I can have a mortgage payment at the same price that I pay rent, can I? Oh! and the other fun question, I don't have the money for a down payment on my own place, how am I suppose to come up with that much money? True, down payments can be a big chunk of change and takes awhile to save up for, especially when paying rent. So, how do you make that payment? Did you know there are programs out there that help you make the down payment if not fully cover it? Well today's your day to find out! There are multiple programs that will help you with the down payment on the home you want to purchase!

Now rent vs. a mortgage, what's the benefits? When you own a home you're home makes you profit by increasing in value, appreciation. When you're renting you're not going to sell the place you're renting to make a profit of the appreciation that it is incurring. Interest rates are lower than low and I've heard people say that they are waiting for them to go down even more but the sad truth is that they aren't going anywhere but up. What does that mean? Get on these low interest rates and get locked in so that you can have a smaller mortgage payment!

Last but not least, pride of ownership comes with owning your own home and does not come with renting. When you own a home you get to call it yours, it's in your name, you own it! Imangine the feeling, inviting friends and family to your house for a get together or party where you don't have to worry about being to loud and disturbing the people above or below you! It'd just be glorious wouldn't it! So what are you waiting for?! Let's get together and get on the process of helping you get to a place that you own!

You can find my contact info on my website: www.ColtonWeatherford.KWRealty.com

To Learn more about buying vs. renting click here!

For the Lamb's reward!