The rent you pay now adds up to a large chunk of money. For a clearer picture on how large the sum can be consider the following:
First, consider the lost return on investment. Real estate that you purchase may appreciate over time but rental payments will not. Let's calculate what your monthly earnings could be if you invested your monthly rent. For example, if your rent is $800 per month and you invested that amount for 10 years and received a 5% return on investment you would earn $28,225. This doesn't take into account that rent typically increases over time!
Let's look at what you pay in rent. This money could be equity in yourOWNhome.
Let's take a look at some of the other many benefits of being a homeowner:
Paint the walls any color you want...or knock a few down
Take advantage of tax breaks for homeowners (talk to your accountant about these benefits)
You gain equity in the home, not your landlord
Make improvements that benefit you
Get the pet you've always wanted
Throw wild parties, or not:)
Control how long you live there
Personalize the home to fit your style
Never worry about having to move because your lease has expired
You can start yourhome search here, we can even send you a few mortgage lenders to contact. All these services are complimentary so why not see if now is the time for homeownership...you might not be able to afford NOT too!Have more questions? Give us a call/text at Melody 703-785-8203
Trust eXp Realty and our team of real estate agents to help you find homes for sale or to sell your current home. We recognize the level of service that the mobile consumer demands. You have information. You have dreams. We possess experience, integrity, and innovation. Together we create leverage to make your dreams a reality.
See the complete blog by clicking HERE. Where we were 10 years ag
"I'm so thankful for Jason Jordan! I have to say he is patient! And I am determined and stubborn. My fiance and I had a list of standards and requirements for our first home purchase together and I wasn't willing to waiver on any of them. We came close but thankfully our dream house was just around the corner. Jason set up a customized home search for us with our specific requirements on it, which would be sent to us daily, and I would go through them diligently. As soon as we had an official contract on our townhome that we had to sell, I made of list of my top 4 homes I wanted to see. You know what I realized? The house I fell in love with came back on the market! MY DREAM! Now, the other homes were still wonderful and we had yet to see them. Mr Jordan was wonderful and took us through them all so that we could be CERTAIN we felt we were making the best decision. When we walked into our house I knew it was mine! Just felt it in my bones. And it met EVERY SINGLE REQUIREMENT!
Things I like about Jason:
1. He is quick to respond and responds honestly. NO BS.
2. Super helpful and informative especially if you don't know about layouts or terminology. He will walk you right through it. This was my first experience and am glad I had Jason there to walk me through it.
3. Familiarity with Virginia is also a plus. He has been living and working in the area for quite a while and is familiar with it. So he can help guide you to the neighborhoods that give you that home feeling that is right for you!
4. Did I mention that if you are selling a home he puts on one hell of an open house?
Trust me, he's great and I'm in the home of my dreams. I know what I'm talking about!"