Honeymoon vs House

By
Real Estate Agent with The Bean Group

Wedding Planning?

 

planning a honeymoonCouples who have spent hundreds of hours and thousands of dollars planning a wedding and getting married, deserve to spend a few days relaxing on a honeymoon.  When those couples were surveyed by Era Real Estate, 60% of them would give up the honeymoon if they could put a down payment on a home.  Of course some of that remorse could come from dashed expectations of a grand honeymoon that wasn’t realized because of the exhaustion of the process.  I could speak from experience but my wife would argue that we could have been much further in the financial augmentation of our lives with the largest investment we or most people for that matter will most likely ever make.

 

Mortgage Rates vs Honeymoon?

 

The process of buying a home is easier than planning a wedding and a honeymoon but can be just as stressful.  Find a local agent with a decent rep and you’re biggest investment will be more comforting to you => Customer Reviews.  Mortgage rates are at the lowest levels of our lifetimes.  Take a look at what has happened to mortgage rates over the last 52 weeks.  Now is the time to take advantage of the current rates => 8 Best Ideas For Home Financing

 

first time home buyer programs

 

First time home buyer programs are available => A Mortgage Isn’t Fatal

 

More Purchase Power

 

Buyers have more purchase power when rates are lower.  If one is holding a monthly payment steady while looking for a home, a one half of one percent (+ 0.5%) increase in the rate can mean $20,000 less purchase power.  Why wait?  Stop lining your landlord’s pockets and start building equity for yourself before rates go up!  Search NH homes for sale => Your New Home

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Comments (1)

Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Marty - I had friends that started a fund-raising campaign as a wedding registration option. They were going to use this money for a down payment on a new home, not a honeymoon.

Jan 22, 2015 08:34 AM