05/05/2021
Wondering whether you should ๐๐๐๐ ๐ค๐ง ๐ฝ๐๐ your next home? You are not alone. After the past year, a lot of people are weighing their options after spending so much time at home! ๐ก You may see the home prices and think you could never afford to buy, but the experts say itโs still more affordable to buy a home than to rent!
How is this possible? Interest rates! Over the past year, mortgage rates have been VERY LOW and they continue to trend around the same %.
Some things to consider when thinking about buying or rentingโฆ
โช๏ธ๐๐ค๐ฌ ๐ก๐ค๐ฃ๐ ๐๐ค ๐ฎ๐ค๐ช ๐ฅ๐ก๐๐ฃ ๐ฉ๐ค ๐ก๐๐ซ๐ ๐๐ฃ ๐ฉ๐๐ ๐จ๐๐ข๐ ๐ฅ๐ก๐๐๐? If you donโt plan on sticking around for a while, maybe renting is the way to go! But, if you want to plant roots, buying a home is a great option. Plus, you can build equity in your home!
โช๏ธ๐ฟ๐๐ฉ๐๐ง๐ข๐๐ฃ๐ ๐ฉ๐๐ ๐๐ค๐จ๐ฉ ๐ค๐ ๐ง๐๐ฃ๐ฉ๐๐ฃ๐ ๐ซ๐จ ๐๐ช๐ฎ๐๐ฃ๐ ๐๐ฃ ๐ฎ๐ค๐ช๐ง ๐๐ง๐๐ โ just because you can afford a mortgage payment, doesnโt mean you can afford a home (there are other expenses!)
โช๏ธ๐ฟ๐ค ๐ฎ๐ค๐ช ๐ฌ๐๐ฃ๐ฉ ๐ฉ๐๐ ๐๐ง๐๐๐๐ค๐ข ๐ฉ๐ค ๐๐๐๐ค๐ง๐๐ฉ๐?When you rent, you have less freedom when it comes to customization. Youโre at the mercy of your landlord when it comes to painting, decorations, even landscaping!
โช๏ธ๐ฟ๐ค ๐ฎ๐ค๐ช ๐๐๐ซ๐ ๐ ๐ก๐ค๐ฉ ๐ค๐ ๐๐๐๐ฉ? If you have too much debt, it can be hard to get approved for a loan. Renting can offer you a way to get out of debt and save money to buy! If you need help with debt,
Thinking about buying? Contact a professional (ME ๐๐ผโโ๏ธ) to find out your options! ๐
Joanie Rhoten
REALTORยฎ
AgentOwned Realty
O : 843-261-7136 | C : 843-642-8375
[email protected]