Sad news for renters…..your rent is going up! Yes, it’s true! According to this article, rent has risen more than double the percentage points faster than US homes. So the question remains, why continue to rent?
We want to know that too! Are you a lifelong renter? Are you a millennial who prefers renting? What is preventing you from taking the next step towards buying a home and putting that money towards an investment rather than rent? Comment below and let us know!
We’re here to give you some good news….the market is a buyer’s market right now! Interest rates are at an all-time low. Plus, there are many mortgage programs designed for the new homeowner. Our advice is if you’re sick of paying rent, but aren’t sure if you can afford a home, talk to mortgage lenders. Your first step in the home buying process should be to get pre-qualified. Many lenders/banks have a free application process so it allows you to see what you qualify for and what’s available. That way when you’re ready to make an offer on a home, you’re already pre-qualified, which makes the process much quicker.
Stop putting your money into someone else’s wallet and make your money count towards an investment! Begin the home buying process today! Don’t forget, the Harrison Realty Team is here to help you when you’re ready.