From Renter to Home Owner

What a big move from renter to buyer…  Is it worth it?  In today’s market I would say absolutely.  With the going rent for our area being the same as a monthly mortgage payment you should at least look into it.  

There are many benefits of owning your home.  

  • This may be the biggest investment you will ever make and within time you will build real estate wealth.  
  • Building equity is a great benefit of owning a home. You pay your mortgage every month and a small piece comes off of what you owe,  it’s like a saving account you didn’t even know you had.
  • Always the most popular is that the tax code allows you to deduct your mortgage interest from your taxes.  
  • No more asking permission to paint or change the flooring.  Now it’s yours you can do as you would like. 
  • Why pay your landlord’s home off when you could be paying off your own home.

When you decide it’s time to take the next step, whats next:  

The first step will be to get you in contact with a loan officer to see what you qualify for.   Please be prepared with pay stubs, W2s, and what ever else they may need from you.  

Once you have an idea of what you qualify for working on a monthly budget will help keep you comfortable. 

 And then the fun begins.  Finding a house that you can call home.  

If you are ready to get started finding a loan officer and to begin this process give me a call 540-226-8304 or send me an email agentcathie@gmail.com.