Pure MI Properties

05/24/2022

10/27/2020

Renting an apartment or home is a smart short-term choice for many of us. Commitment is low, expenses are predictable, and with less maintenance to worry about, it can be an easier way to live. However, once you move out, you’re left with nothing, and all of that rent money you spent is gone forever.

With that in mind, wouldn’t you prefer to skip the rent payments and put your money toward a home of your own?

Many people avoid home ownership simply because they assume they cannot afford it. Many think you need a large down payment to buy a home and that a mortgage payment is a bigger financial strain than a rent payment. Not true!

It may surprise you to learn you may actually be able to purchase a home with little to no money down, and you don’t need “perfect” credit either. With the potential tax advantages of a mortgage, your cost to own could be less than renting.

Let’s take a look at some hypothetical numbers. If average rent is $850, you will have paid $30,600 in the next three years. You could potentially purchase a home in the $125,000 range for a similar payment.

If you are looking to purchase a home in Michigan, our state offers a variety of programs designed to make the leap to ownership more affordable. For instance, loans are available with a 3% down payment ($3,750 on a $125,000 home) for primary residences. Plus, if you are a first-time homebuyer, you may be eligible to receive tax credits that would increase your savings.

With all these options to consider, owning a home of your own is certainly worth looking into, isn’t it? If you’d like to explore your options, reach out to me and I’ll be happy to help!

10/19/2020

I am so excited because I just had my book published Please check it out at https://thomassuszka.book.live

12/23/2017

Just Listed

RECENTLY REMODLED! This 3 Bedroom, 2 Bath Ranch home might be just what you were waiting for. This home has plenty of room for family and friends. The main level features a good sized kitchen with eating area, large living room with a fireplace as well as 3 bedrooms and a full bath. If that isn’t e...

12/20/2017

Thinking of selling by owner?

Consider this...

12/11/2017

Despite the big names attached to them, these sprawling properties don't have any takers... yet.