Are you presently a renter and keep thinking to yourself "Every time I save money for a down payment the prices continue to rise even more?"
It is true and I even had the same thought before I bought my first home. In Oregon if you were to save $20,000 for a down payment, more than likely by the time you had it saved, the prices would raise $30,000. It truly is a never ending battle to get out of a rental home.
One option for you may be a lease with an option to purchase. The idea behind a lease option is that you are still renting, but your deposit and part of your monthly rent go toward your down payment and closing costs. You can stop the rat race with help!
With a lease option, you can get into the home of your dreams while still giving yourself time to fix your credit, earn more of a down payment, or do what ever you want to do and lock in a price for the home. That price then can't change no matter what the market does! If prices go up $30,000 and you locked the home price at $10,000 increase. You have earned yourself $20,000 in instant equity.
For more information on lease options and getting your first home, please feel free to e-mail or call me anytime. I would love to help you!
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