Buyer
Home Up Credit Issues Pre Approved Financing Negotiation Buyer's Handbook

 

Credit Issues
Pre Approved
Financing
Negotiation
Buyer's Handbook

Many people today can own a home right now, but for various reasons don't think they can.

In all probability rent will increase over the years, whereas with a fixed rate mortgage the payment will remain constant for the life of the loan and after thirty years you will own your home.  Not to be faced with a lifetime of increasing rental payments.

Have you ever really considered what it cost over a period of thirty years to make rental payments?

Rent

1year

5  years

10 years

15  years

30  years

Mortgage Equivalent*

700

8,400

42,000

84,000

126,000

252,000

110,000

900

10,800

54,000

108,000

162,000

324,000

141,000

1100

13,200

66,000

132,000

198,000

396,000

172,000

1300

15,600

78,000

156,000

234,000

468,000

203,000

1500

18,000

90,000

180,000

270,000

540,000

234,000

* Mortgage equivalent are based on a comparison to monthly rental payment estimated principal & interest - actual payments may vary.  All figures are given as approximations to illustrate examples. Illustrations assume that the borrower has necessary qualifying income, minimal debt, average credit.  Subject to loan qualifications based on program’s underwriting guidelines.  It is not an advertisement to extend consumer credit as defined by section 226.2 of regulation Z. Program terms and interest rates are subject to change without notice.

The home buying process might seem a little confusing if you haven't gone through it before.  However, it can actually be a lot easier than you think, PARTICULARLY if you're working with someone who's got a lot of experience assisting people with their real estate needs.

Purchasing a home is all about decision-making.  You can only make the best decision only when you have the best information available from an experienced agent who can ACCURATELY interpret it for you.

We have specialized in assisting homebuyers make the most informed decisions they can for the last decade: decisions based on location, the market, financing options, the condition of a home, its real price as distinct from its sales price, what "extras" to negotiate for, which service providers to use and lots more.  The best part is that our service cost you nothing!  We earn our compensation from the seller.

If you’d like to know more about the purchasing process we have written an informational handbook that explains the entire process from A to Z.  You'll find answers to basic and difficult questions.  The book is FREE and NO OBLIGATION, what-so-ever!

 FREE Buyer's Informational Handbook      SHOW ME THE REAL ESTATE

Credit Issues       Pre Approved       Financing       Negotiation

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