Rent pays for Other's Mortgage in Lancaster Co., PA !

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Real Estate Agent with KW Elite
http://activerain.com/droplet/4YdL

Whether You Rent or Buy: Either Way You’re Paying a Mortgage

Whether You Rent or Buy: Either Way You’re Paying a Mortgage | MyKCM

There are some renters who have not yet purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either yours or your landlord’s.

As an owner, your mortgage payment is a form of ‘forced savings’ that allows you to build equity in your home that you can tap into later in life. As a renter, you guarantee your landlord is the person with that equity.

Are you ready to put your housing cost to work for you?

Christina Boyle, Senior Vice President and Head of Single-Family Sales & Relationship Management at Freddie Mac, explains another benefit of securing a mortgage vs. paying rent:

“With a 30-year fixed rate mortgage, you’ll have the certainty & stability of knowing what your mortgage payment will be for the next 30 years – unlike rents which will continue to rise over the next three decades.”

Bottom Line

This holiday season, why not give yourself the gift of homeownership? Lock in your housing costs for the next 30 years and guarantee you are the one building wealth.

Buyers , it's time that your monthly payment start building Equity and Net Worth for your family ! Email mikeperrykw@gmail.com to get started .
 
Posted by

 

Michael J. Perry

KELLER WILLIAMS Elite

www.lancaster4sale.com  

 

1280 Plaza Blvd. , Lancaster, PA 17601

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Longtime West Lampeter resident and Lancaster County Realtor!

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Topic:
Home Buying
Location:
Pennsylvania Lancaster County Lancaster West Lampeter Township
Groups:
1st Time Buyers
ABR-Accredited Buyer Representatives
Keller Williams
It's A Buyer's Market
Buyer Information - What Buyers Need to Know in Today's Market
Tags:
west lampeter real estate news
penn manor real estate news
solanco real estate news

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Rainmaker
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Carol Williams
U.S.: I specialize in helping agents who have been in the business 2 years or less create a thriving business. - Wenatchee, WA
"Customized Mentoring & Marketing Services"

BINGO, Michael!  And, rent never stops.  Eventually, with proper financial management the mortgage is paid and you're Free and Clear... except for taxes and insurance and maintenance, of course.  

Dec 20, 2016 10:16 AM #1
Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Yes it does and I am very happy that I have 3 great families dong just that

Dec 20, 2016 07:54 PM #2
Ambassador
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Michelle Carr-Crowe-Top 1% Diamond Certified Real Estate Team Sells Cupertino San Jose Homes-Just Call 408-252-8900
Get Results Team...Just Call (408) 252-8900! - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

One of my FHA buyers, Mr. Wright, who'd rented for 22 years, said it best, "At least now I'm paying my OWN mortgage instead of someone else's!"

Dec 20, 2016 09:51 PM #3
Rainmaker
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Don Hess
KW Elite Keller Williams 1280 Plaza Blvd. Lancaster, PA 17601 - Quarryville, PA

I keep reminding my buyers of this, but then again as a land lord I'm glad for tenants that pay my mortgage. I guess it depends which side of the fence you're on and which day it is.   

Dec 21, 2016 07:55 AM #4
Rainmaker
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Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

432 views to date !

Sep 11, 2017 07:59 PM #5
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Rainmaker
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Michael J. Perry

Lancaster, PA Relo Specialist
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