Are you currently renting? Why pay your landlord's mortgage?

This blog should be read by all renters out there.

What do you pay in rent per month?

YOUR ANSWER HERE

For that price there is a good chance you could be building equity instead of paying the mortgage of someone else.

Sure there are responsibilities that come with home ownership. Also, I understand that home ownership is not for everyone. BUT...many of you out there are throwing money away every month instead of investing it into a home of your own. I just showed a client a home today. The home is updated and in good condition. After crunching some numbers, we determined he would pay around $450/mth to live there and OWN the home. This included his taxes and insurance. Now all circumstances are different, but I just wanted to make a point of how affordable home ownership can be.

Have questions? I can help answer them. Contact me and I will help you along the real estate path.

Todd Jones - Realtor, ABR, SRS, OA

Posted by Todd Jones on 09/03/2009 09:37 PM

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Renting vs Owning in the Home Buying Channel

renting, home ownership, buying, mortgage, clarks summit, scranton, todd jones, realtor

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3 Comments on Are you currently renting? Why pay your landlord's mortgage?

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