How Jason & Cindy Saved 6 Months of Time and $4,350!
by Dan Weis, Cincinnati Realtor, Home Buyer Specialist
Cincinnati, OH Real Estate
Jason and Cindy came to me last summer ready to stop paying rent of $725/month and buy their first home.
They had been renting an apartment in the Cincinnati area for 3 years and were sick of it.
I recommended that they meet with a mortgage consultant, who would review their financial situation, including their credit scores and discuss 4 different mortgage options with them, based on their life plans for the next 5 - 10 years. They found an FHA program that they were comfortable with.
After looking at homes available in their price range, they determined they were probably a year away from being able to buy the type of home they really wanted, because most of the homes in their price range were fixer-uppers and they wanted a home they could move right into without doing a lot of work. They were disappointed that they couldn't find the right home. I agreed that unless interest rated came down, they should wait, because I wanted them to be happy with their first home and not buy a home just to buy one.
Then interest rates dropped! Jason and Cindy could now qualify for more home at the same payment they wanted to be at.
I immediately called Jason and Cindy and we started looking again, because the home they really wanted was now affordable. Within two months, they were in a beautiful home that fully met their needs, was within their monthly budget and saved them six months of rent payments totalling $4,350.
They were so happy they had waited and didn't just settle for something less that they had dreamed about.
If you are currently renting and would like to find out if now is the right time to buy a home, please contact me by email: firstname.lastname@example.org or by phone/text: 513-615-1890. There's never any pressure or obligation! Please read my BIO and you'll understand how you'll benefit from my 26+ years of Cincinnati real estate experience.
If you're planning to start your home search, NOW is the time to start your learning process! For details and class dates, go to: http://www.HomeBuyingClass.com.