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Why Rent When You Can Own?

By
Real Estate Agent with The Pamela Madore Group 573760

Pamela Madore
The Pamela Madore Group
Keller Williams Realty
http://iloveamarillo.com

Why Rent When You Can Buy

Many people don't think they have the ability to buy.  Some think they can't qualify because they don't have any money.  Some people think that their credit scores are too low.  The most important thing to do is to find out if you CAN qualify for a mortgage,  Many times you might not be able to qualify today but in 3 months or 6 months you may be able to.

Keys To Your New Home



Did you know that if you are paying $900 a month rent, that will buy you about $120,000 house?  Your landlord may not be too happy when you put in your notice but, oh well, there are plenty of people that have never tried to qualify and they can fill your spot.

Finding out if you qualify for a mortgage is really very easy.  Most lenders have online applications now.  I have a couple I could recommend.

There are many other ones serving Amarillo.  The point is to just get started.  If there is a problem, get it taken care of now.  

There are some programs out there right now that require little to nothing down,  We  can often have the seller pay some or most of the closing costs.

If you pay $900 in rent every month that is $10,800 a year that you could be putting toward your own house.

Buy Now!



Another reason to own your own home is that you can write off all of the interest that you pay on your taxes at the end of the year.  That could save you more dollars.  

Don't procrastinate!  Move your family today!



Pamela Madore
The Pamela Madore Group
Pink House Team
Keller Williams Realty
3955 S. Soncy
Amarillo, TX 79119
http://iloveamarillo.com
806-290-1920

 

Posted by

 
 
Pamela Madore
 
Pamela Madore
The Pamela Madore Group 
Keller Williams RealtyAmarillo
3955 S. Soncy
Amarillo, TX 79119

806-290-1920 Cell
pammadore@kw.com 
http://pamelamadore.com
 
 
 
 
 
 
 
 

 

 

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

Pamela - Thanks for sharing these great reasons why anyone who can afford it should buy a home instead of paying rent to a landlord.

Of course, another reason to own a home is that over the years, more often than not, it will appreciate in value. If you rent, you have no appreciation because you don't own anything.

Aug 11, 2015 05:53 AM
Shirley Coomer
Keller Williams Realty Sonoran Living - Phoenix, AZ
Realtor, Keller Williams Realty, Phoenix Az

Great info to remind buyers.  

Aug 11, 2015 10:05 AM