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Is It Time to Stop Renting?

By
Real Estate Agent with Keller Williams Realty at the Lakes

Between rising rent costs and the desire to have a place you can call your own, one might believe that purchasing a home is a far-off dream. Think again! There is much to consider, from finances to logistics to paint colors, many factors of homeownership are different than when you are a tenant in someone else’s home, so you need to prepare now for a new home later. 

  • Do you love your rental? If so, talk with your landlord about purchasing the property! Once they become aware that you are interested and possibly moving, the thought of preparing and looking for a new tenant may encourage them to agree to a sale. All you can do is ask!  
     
  • Consider purchasing a townhouse or condominium when searching for properties. Many are affordable and convenient and would make the perfect first home. 
     
  • Think about your community options--where you live can affect how much you pay in fees, property taxes, or maintenance costs. 
     
  • If you have renters’ insurance--and you should--take note that a homeowner’s policy costs more, because it covers much more than just your belongings. Most mortgages will include homeowners’ insurance in the monthly payment. If your current agent can find a cheaper rate, go for it! 

Do you want the freedom to paint your living room bright green? Are you tired of having to keep your growing family quiet so as not to disturb the neighbor’s downstairs? If so, it may be time to think about buying a house. Connect with a Realtor® to guide you through the entire home-buying process.  

Access Teri’s one-stop Orlando FL home search website.

Teri Isner is the team leader of Orlando Avenue Top Team and has been a Realtor for over 24 years. Teri has distinguished herself as a leader in the Orlando FL real estate market. Teri assists buyers looking for Orlando FL real estate for sale and aggressively markets Orlando FL homes for sale.

You deserve professional real estate service! You obtain the best results with Teri Isner plus you benefit from her marketing skills, experience and ability to network with other REALTORS®. Your job gets done pleasantly and efficiently.  You are able to make important decisions easily with fast, accurate information from Teri. The Orlando Avenue Top Team handles the details and follow-up that are important to the success of your transaction.

Photo credits: www.hf-corp.com

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Teri Isner owning a home has far more advantages then renting.

Jun 13, 2023 09:22 AM
Ed Silva, 203-206-0754
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Everybody is different and when it comes time to make that decision, they should contact a real estate professional for the advice they need.

Jun 13, 2023 10:54 AM
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

This is an excellent post with great information. Thanks for sharing it.

Have a super fantastic week!
Joe Jackson, Realtor-KWCP

Jun 14, 2023 05:50 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Teri and great information to share with others here in the Rain.  Make it a great Wednesday!

Jun 14, 2023 09:19 AM
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Great information for anyone seriously considering the change from renting into buying.  There are so many advantage to homeownership. Thank you for this blog Teri Isner 

Jun 29, 2023 01:36 PM