Life Happens. You get married, you get a new job and need to transfer. Another addition to the family is due to arrive. Mom or dad needs a place to live. You retire.
Almost any major life change may start to make your current housing circumstances feel a bit uncomfortable. So, you start thinking about making a change. If you are renting you will eventually want to consider becoming a home owner. Why?
Reasons To Become A Homeowner
Why pay rent to someone when you can use your monthly housing payment to build wealth? The Federal Reserve Bank periodically conducts surveys to measure the difference in financial outcome for families that own a home for most of their life versus families that are predominantly renters. In the most recent survey the bank found that at retirement the average net worth of someone who rented for most of their life was approximately $5,000. The homeowner? Their net worth at retirement was closer to an average of $145,000.
Instead of your landlord dictating what colors you can paint the walls or the flooring you have, when you own a home you are the decision maker.
Know all of Your Options
Maybe this is the first time you have considered buying a home or maybe it has been awhile. Home styles, buying opportunities and financing options change almost monthly in this fast paced world of housing. For instance, did you know that we have currently as many as 5 options for you to buy with zero down!
Can you qualify for one of these?
How To Buy a Home…
Buyer’s Expert Jessica Campbell – Click Here about Jessica