purchasing a home: 84% of Americans Believe Buying a Home is a Good Financial Decision - 07/20/17 05:54 PM

84% of Americans Believe Buying a Home is a Good Financial DecisionAccording to the National Association of Realtors®’ 2017 National Housing Pulse Survey, 84% of Americans now believe that purchasing a home is a good financial decision. This is the highest percentage since 2007 – before the housing crisis. Those surveyed pointed out five major reasons why they believe homeownership is a good financial decision:
Homeownership means the money you spend on housing goes towards building equity, rather than to a landlord Homeownership creates the opportunity to pay off a mortgage and own your home by the time you retire Homeownership … (1 comments)

purchasing a home: 3 Questions to Ask Before You Buy Your Dream Home - 07/18/17 01:01 AM

3 Questions to Ask Before You Buy Your Dream HomeIf you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interests at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.
Ask yourself the following 3 questions to help determine if now is a good time for you to buy in today’s market.
1. Why am I buying a home in the first place? This is truly the most important question to answer. Forget the finances for a … (1 comments)

purchasing a home: The 5 Greatest Benefits of Homeownership - 07/13/17 08:40 PM

The 5 Greatest Benefits of HomeownershipRecently, Freddie Mac reported on the benefits of homeownership. According to their report, here are the five benefits that “should be at the top of everyone’s list.”
Homeownership can help you build equity over time. Your monthly payments will remain stable. You may have some tax benefits. You can take pride in ownership. Homeownership improves your community. Let’s expand on each of Freddie Mac’s points:
Homeownership can help you build equity over time. Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The … (0 comments)

purchasing a home: More Americans Chose to Own a Home Than Rent in Q1 - 05/25/17 10:42 PM

More Americans Chose to Own a Home Than Rent in Q1 According to the latest report from the US Census Bureau, more Americans chose purchasing a home over signing a lease to rent in the first quarter of 2017. This marks the first time since 2006 that the number of new homeowner households outpaced the number of new renter households.
Of the 1.22 million new households that were formed in the first quarter, 854,000 were new-owner households making the jump straight to homeownership rather than renting first.
That means that the homeownership rate amongst new households was 70%! This is huge … (0 comments)

purchasing a home: What You Need to Know About Qualifying for a Mortgage - 05/16/17 03:28 PM

What You Need to Know About Qualifying for a Mortgage Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge of your local professionals who are there to help you determine how much you can afford.  
 
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Questions, Comments or For more information you can contact Christian Penner at: Call/Text: (561) 316-6800 or visit us online at www.ChristianPenner.com
The Christian Penner Mortgage Team, A Branch of 
American Financial Network, Inc
CORP NMLS# 237341 ; Equal Opportunity Employer … (1 comments)

purchasing a home: Your Tax Return: Bring it Home - 04/27/17 10:43 AM

Your Tax Return: Bring it Home This time of year, many people eagerly check their mailboxes looking for their tax return check from the IRS. But, what do most people plan to do with the money? GO Banking Rates recently surveyed Americans and asked the question – “What do you plan on doing with your tax refund?”
The results of the survey were interesting. Here is what they plan to do with their money:
41% – Put it into savings 38% – Pay off debt 11% – Go on a vacation 5% – Make a major purchase (car, home, etc.) 5% … (0 comments)

purchasing a home: Millionaire to Millennials: Buy Now! - 03/28/17 01:54 PM

Millionaire to Millennials: Buy Now! Self-made millionaire David Bach was quoted in a CNBC article explaining that “the single biggest mistake millennials are making” is not purchasing a home because buying real estate is “an escalator to wealth.”
Bach went on to explain:
“If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none. The average homeowner to this day is 38 times wealthier than a renter.”
In his bestselling book, “The Automatic Millionaire,” Bach does the math:
“As a renter, you can easily spend half a million dollars or more on rent over the years ($1,500 a … (0 comments)

purchasing a home: Are You 1 of the 59 Million Planning to Buy This Year? – Buying a home - 02/24/17 01:53 AM

Are You 1 of the 59 Million Planning to Buy This Year? According to a survey conducted by Bankrate.com, one in four Americans are considering buying a home this year. If this statistic proves to be true, that means that 59 million people will be looking to enter the housing market in 2017.
The survey also revealed 3 key takeaways: Those most likely to buy are ‘Older Millennials’ (ages 27-36) or ‘Generation X’ (ages 37-52) Minorities, particularly African-Americans, were twice as likely to respond that they were considering purchasing a home this year than white respondents. Many potential buyers believe they … (0 comments)

purchasing a home: 3 Questions to Ask If You Want to Buy Your Dream Home - 02/13/17 09:37 PM

3 Questions to Ask If You Want to Buy Your Dream HomeIf you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.
Ask yourself the following 3 questions to help determine if now is a good time for you to buy in today’s market.
1. Why am I buying a home in the first place?  This is truly the most important question to answer. Forget … (1 comments)

 
Christian  Penner, Your Mortgage Lender - 561-316-6800 | 561-373-0987 (The Christian Penner Mortgage Team)

Christian Penner

Your Mortgage Lender - 561-316-6800 | 561-373-0987

West Palm Beach, FL

More about me…

The Christian Penner Mortgage Team

Address: 712 US Highway One , Suite 300, North Palm Beach, FL, 33408

Mobile: (561) 373-0987

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