If you are a first time home buyer and are toying with the idea of buying a home but are on the fence with your decision, here are some important things to consider.

  • Rents are Outrageously High! Here in Los Angeles you can’t find a decent rental under $1500 and that would get will probably get you a small one bedroom - if that.
  • All the money that you spend on rent is gone forever. You will never see that money again and you will not benefit from any tax breaks as you do when you own your own home.
  • Owning your own home will start helping YOU financially by building up equity rather than you helping your landlord build his.
  • Home ownership, the equity it builds, is the primary and strongest source of an individual’s personal wealth. It is indeed the central nest-egg.
  • Now is a FANTASTIC time to buy. The market is cyclical and it is now YOUR turn to reap its benefits. Don’t miss out!

So get pre-approved and start looking at the vast inventory available. Get out of your rental and start building your personal financial equity. Do not miss this unique opportunity. It is your turn now to step into the American Dream!

Ginny McGonigle - ginnymcgonigle@westsidehomefinders.com 

http://westsidehomefinders.com/home.asp