Renters Are Paying A Mortgage — Their Landlord's

Renters Are Paying A Mortgage — Their Landlord's

Let's take a look at just two of the many financial benefits of buying a home instead of renting.

Some people are so afraid of the notion of

debt that the thought of having a mortgage

loan keeps them from buying a house, and

instead they continue to rent. And while

they don't have a mortgage of their own,

it's important to realize that  unless you are

living with your parents rent free, you are

paying a mortgage – either yours or your

landlord’s, and believe me, you are making

your landlord RICH! By renting, you are

providing your landlord with Multiple

Streams of income which could instead

have been yours! 

For more tips and market advice for home buying or selling in Alexandria, Va. Go to my personal website for regular updates and information ComeHomeVirginia.com

Locked-In Housing Cost

You've probably heard the saying, "There

is no such thing as a sure thing," or "...in

this world nothing can be said to be

certain, except death and taxes,” which is

usually credited to Benjamin Franklin

from a letter he wrote in 1789. I would

humbly submit that another sure thing is

that rents go up, and if you live in the

Northern Virginia Metro region, whether you are in Alexandria,

Arlington, Fairfax, Falls Church or Prince William County they almost

certainly are the largest and go up faster than any other portion of your

monthly expenses.

Christina Boyle, a 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.”

Would you like to know some of the other amazing financial rewards of

home ownership get the insider information about the Financial

Benefits of Buying a Home 

"Financial Benefits of Buying & Owning a Home"
is brought to you courtesy of  Dave Martin Realty Group, your Northern Virginia residential real estate experts. If you're considering selling or buying a house in the Northern Virginia metro area, we'd love an opportunity to earn your business, provide you an outstanding experience, and demonstrate to you that:

"Help From The Best Agent Makes All The Difference."