Buying a home can be a very solid investment. This being said, renting can also be a better option for some, depending on the circumstances. The current interest rates are incredible. A 30-year FHA mortgage can be locked in at a rate of around 4.5%. Since the interest rates are so low, it actually can be cheaper to pay a mortgage right now than paying rent.
There are questions that you should ask yourself before deciding to buy a home. One of the most important things to consider is the length you plan on staying in a home, if you were to purchase. If the answer is only a few years, it’s likely the better decision is to continue renting. Another question to ask yourself is whether you are ready to take on the additional “responsibilities” of owning a home. When owning a home there will be general home maintenance that should be done, are you ready for that?
If you still have questions, call a professional - Call a Realtor! They can answer many questions concerning the area, home values and the current market conditions. IF you have any questions, you can always call me. I would appreciate the opportunity to help you!
Stephanie Albright - Exit Realty Premier Elite - 615-335-1373
Information provided by: About the authors: The above article“Top Frequently Asked Questions From Home Buyers” was provided by the Keith Hiscock Sold Team (Keith & Kyle Hiscock).
Author:Salvatore Defrisco Phone: 561-644-0052 Dated: December 1st 2016 Views: 94 About Salvatore: ...
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"Thu, May 19, 2016
Joseph Schneider went above and beyond the capacity of a realtor. He facilitated in making the process of us purchasing our first home less stressful because of his knowledge and experience. Joseph made sure that every aspect of our transaction was handled in a professional and timely manner. Whatever we asked for in our search for the perfect home, he made sure that he did his due diligence. Joseph was referred to us and we would most definitely refer him to anyone who is looking to purchase or sell a home."