Thinking about becoming a HOMEOWNER? Think you can’t afford to a home? Worried about whether home-buying is a good INVESTMENT? Buying a home can be an intimidating process, but the first step is to ask yourself these questions: Do I want to own a home? Can I afford to own a home? Does owning a home make sense for me financially?
If you are still struggling with these questions, here are some facts that might help you take that first step towards becoming a homeowner.
Over the last ten years, the cost of rental housing in the U.S. has increased an average of 3.5% per year. If that trend continues, that means that an apartment or home renting for $1,000 per month will cost more than $1,300 a month in ten years. If you rent the same home for ten years, the total amount you would pay for rent will equal $140,777!None of that $140,777 is returned to you, either through savings or as an investment.
Homeownership, on the other hand, has tax advantages over renting a home, and those advantages can help you save money. For many homeowners, part of the monthly mortgage payment “comes back to you” in tax savings.
I ask that you please give me a call TODAY at 214-872-0400 or send me an e-mail and give me the opportunity to discuss how I can help you buy your home.
- Full-time professional licensed Realtor®
- CollinCounty resident
- Representing buyers, sellers and investors
- Member: National Association of Realtors®, Texas Association of Realtors®, CollinCounty Association of Realtors®
- B.S., Business Administration and Entrepreneurial Studies, HawaiiPacificUniversity
- Graduate, REALTOR® Institute
- Retired U.S. Army First Sergeant
I sincerely thank you for your valuable time!
Michael L. Brownstead, GRI
Ebby Halliday Realtors® 8920 Coit Rd., Ste. 100Plano, TX75025