This blog should be read by all renters out there.
What do you pay in rent per month?
YOUR ANSWER HERE
For that price there is a good chance you could be building equity instead of paying the mortgage of someone else.
Sure there are responsibilities that come with home ownership. Also, I understand that home ownership is not for everyone. BUT...many of you out there are throwing money away every month instead of investing it into a home of your own. I just showed a client a home today. The home is updated and in good condition. After crunching some numbers, we determined he would pay around $450/mth to live there and OWN the home. This included his taxes and insurance. Now all circumstances are different, but I just wanted to make a point of how affordable home ownership can be.
Have questions? I can help answer them. Contact me and I will help you along the real estate path.
Todd Jones - Realtor, ABR, SRS, OA
I specialize in helping people sell their homes in the Clarks Summit and Scranton area of Lackawanna County. I can help you with all of your real estate needs. Buying or selling, give me a call.
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