Yep, this is what your landlord is thinking!
Your landlord lets you pay his mortgage & expenses. So why not pay your own?
I love helping renters become owners, here's a sample of why:
RENTING VS OWNING
Renting definitely has its advantages in certain circumstances and points in your life. But for most at some point the benefits of homeownership are hard to ignore. Below are just some of the things you should consider before signing your next lease.
When You RENT
FINANCIAL
• No profit to be made at the end of your lease, you walk away no richer or poorer.
• No Tax benefits from renting.
• Any improvements to the home only benefits the landlord.
QUALITY OF LIFE
• No real sense of community or ownership.
• No ability to personalize your home.
• Pets are often not welcome in rentals.
When You BUY
FINANCIAL
• Build wealth thru home appreciation & loan reduction!
• Gain valuable tax benefits!
• Ability to tap into equity for child’s college, home repair or emergency!
QUALITY OF LIFE
• Freedom to renovate & decorate!
• Gain sense of community-On average homeowners are much more involved in the well-being of their community!
• Pride of ownership and lifestyle!
If you’re like many renters, you dream of owning a home. Homeownership comes with fantastic benefits —
total privacy, tax-deductible interest, and the build-up of home equity! It provides a financial foundation for your future!
But there are a number of reasons people don’t pursue buying a home: low income, bad credit, and lack of a down payment are just a few. But that doesn’t have to stop you.
*Getting into Your Dream Home May Be Easier Than You Think
|
The RENT You Pay NOW |
Home You could Purchase with FHA 3.5% Down |
Home You could Purchase with Conventional 20% Down |
|
$1,800.00 |
$270,000.00 |
$360,000.00 |
|
$2,000.00 |
$300,000.00 |
$400,000.00 |
|
$2,200.00 |
$335,000.00 |
$430,000.00 |
|
$2,400.00 |
$365,000.00 |
$475,000.00 |
|
$2,600.00 |
$395,000.00 |
$505,000.00 |
|
$2,800.00 |
$430,000.00 |
$545,000.00 |
Keep your monthly housing expenses the same but enjoy homeownership while the Price is Right!
* Information provided by my Lending Partner Jason Gordon.
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