The 2016 Real Estate Market represents a very opportunistic time to
create Net worth for years to come . Real Estate values that were wiped
out by the Great Recession of 2009- 2012 have been steadily increasing !
Rents have been increasing at an alarming rate around the Country !
But even if your rent is $230 per month less than a Mortgage Payment the
cards are stacked against you economically . First you will lose out on a
substantial Tax deduction that could be greater than $230 per month !
Additionally as the above graph shows , Appreciation is headed upward
building wealth ! So just what are the main concerns of most buyers ?
Many GEN Xers were affected most greatly by the last recession . They
pursued the American dream of home ownership , only to become upside
down , very quickly in their investment . It's understandable they might
be fearful to jump back in the home market . But if a consumer reaches
the Vocational Finish Line (retirement) without owning a house Free & Clear
they will have a very limited retirement , totally dependent on Social Security.
The above chart demonstrates the compounding effect of Appreciation .
So what is the first step to achieving Home Ownership ? It's accomplishing
a mortgage process called "Pre-Approval". A potential buyer needs to meet
with a Mortgage Originator who can accomplish this task at No Charge !
Don't delay any longer as prices are heading UPWARD !
Email mikeperrykw@gmail.com for a recommendation of Mortgage
Originators OR Text me at 717-951-9933 !
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