02/10/2022
Story time!
Iāve been looking at homes for two different transaction types, one renting and one buying. Both are wanting basically the same thing, 3Bed/2Bath home and in the same general area. The difference between the two monthly? Around $400 š². The avg price to rent such home was about $1,500 a month plus pet rent which is growing. The estimated mortgage for something similar one street over for sale? Less than 1,200 a month. I compared two homes for sale. One at 209k and one at 250k and this is where the range of 1100-1650!
What holds most people back? The down paymentšµšµšµ. 20% is an intimidating number when considering a home. Did you KNOWWW itās possible to only need 3% down? Did you also know there is down payment assistance to help provide this to you, sometimes up to 8%.
Buying may seem scary, but remember that rental move in cost? $3,000 minimum.
3.5% of 250k is $8,750. Remember that down payment assistance? Harris County, did you know we have our own program offering up to $23,800?š¤š¼š No? Okay. Well, watch for my next post & learn more about that ultimate goal. Absolutely no need to wait, feel free to message me! I canāt wait to help more people š¤š¼
Lease, Buy and Sell with me! Donāt forget, send a referral my way and you get a gift card on closing/move in day! šš”š¤š¼
Barbara Kaitlynn Gordon | REALTORĀ®
Cell:Ā 2819175078
Email:Ā [email protected]
www.Kaitlynngordon.JPAR.com
www.Sellwhenever.com/Barbara.com