Should I Buy a Home?
The infamous question that haunts you after you leave a family gathering. That’s because all day “You should buy a home” is what you’ve been hearing from friends and family, right? So, now you have to weigh the benefits and decided if home ownership is the best decision for you.
Well, here are 3 good reason why buying a home is a good idea.
Ownership is affordable.
A mortgage stays flat and then disappears. Rent stays flat for a while, but eventually increases.
Some investments are great for security purposes. Housing is a good example, if you own your own home — after the mortgage is gone down the road — your financial security goes through the roof. It’s easier for you to take a pay cut and survive.
Ownership builds equity
Rent money should be seen as putting cash in a pile and burning it. You’ll get nothing after you spend that money. Next month you’ll have to do it again.
Equity is different. It does everything from helping build your credit over time, giving you the option of a reverse mortgage later in life, giving you financial security, giving you diversification, etc.
Making the decision to buy a home can be a bit over whelming. Having the knowledge and help makes it better. So, you should defiantly come check out this Free Home Buyer Workshop . This Saturday July 21st at 1pm. The more you know the better your decision will be.
Posted In : Atlanta, Atlanta Beltline, Buyer Tools, College Park, East Point, Feed, First Time Homebuyers, Fort McPherson, Fulton County, Hapeville, Homepage, Metro Atlanta, Mortgage News, Real Estate
This entry was posted on Thursday, July 19th, 2012 at 9:42 am. and is filed under Atlanta, Atlanta Beltline, Buyer Tools, College Park, East Point, Feed, First Time Homebuyers, Fort McPherson, Fulton County, Hapeville, Homepage, Metro Atlanta, Mortgage News, Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.