Still Renting? STOP paying someone else's mortgage...

Are you still renting a home or apartment?  Why are you paying someone else's mortgage?  You are paying a mortgage either way, so why not learn how you can pay for your own.

Rent prices keep increasing year after year and unfortunately there is no END in site to rent hikes!  Yikes! 

 

 

Did you know that homeowners typically pay only 15% of their income, while renters are paying over 30% of their Income?  That means $3 out of every $10 you are paying to someone else's mortgage and homeownership.

 

 

With interest rates still at record lows and home prices on the rise, NOW is the time to buy a home!  Homes can be purchased with as little as 3% down, maybe even less for veterans!  Credit requirements have been also lowered so even a 580 Credit score may qualify you for a mortgage!

 

What is holding you back from investing in a home? 

 

Did you know if mortgage rates go up even 1% your purchasing power goes down 10%?  That means if you can afford a $300,000 home with today's rates when they go up even 1% you can only afford a $270,000...which typically means you will have to choose a different neighborhood. 

 

This doesn't take into factor that homes are estimated to go up in value at least 4% based on many analysts being conservative.  Some area's its less and some area's its more.  For example in Broward County home prices are up 27% over last year's prices!

 

What is holding you back from buying a home?  Contact The J Team Fort Lauderdale at 954.235.3589 and schedule your home buyers consultation. 

 

Interested in what homes are on the market?  Search Fort Lauderdale Homes now at http://JTeamFL.com