Tag: buying cost
-
2 Myths Holding Back Home-Buyers
Home-buyers, Your dream home may already be within your reach. Buying your first home or moving up to your dream home, know your options. It will make the mortgage process easier. Urban Institute recently released a report: “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability.” “[Home-buyers] often think they need to put more money…
-
The COST of Your Home Will Be LESS Than Your Parents’ Home Was
There is no doubt that the price of a home in most regions of the country is greater now than at any time in history. However, when we look at the cost of a home, it is cheaper to own today than it has been historically. The Difference Between PRICE and COST The price of a home is the dollar…
-
NOT Owning Your Home Can Cost You a Lot of Money!
Owning a home has great financial benefits, yet many continue to rent! A home of your own has been a part of the American Dream for as long as America has existed. Let’s look at the financial reasons for owning a home. Realtor.com recently reported the following. “Buying remains the more attractive option in the long term.…
-
Money: Getting the Most of it for Your House
It is not unusual for a seller to want to get as much money as they can for their home by pricing their home high. Often, against the advice of their Realtor. There are many reasons the seller may do this. Beware Overpricing Your Home. Understandably, sellers want to maximize the value of their home. Perhaps, they…
-
Buying Remains Cheaper Than Renting in 39 States!
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers show that the range is an average of 3.5% less expensive in San Jose (CA), all the way…