Will Buying Your First House Wreck Your Lifestyle

Dated: February 20 2019

Views: 146

For many, buying a home is still a large part of the American dream.  Why is that?  It is the fastest and lease risky way to generate generational wealth.  What do we mean by that?  It means that when you purchase a home, in almost every instance, that home increases in value.  In the last few years, we have seen home equity shoot up as much as 10% or 15% a year. While that is not typical and 4% or 5% is more typical, that is still a better return on investment than most investment opportunities and it comes with far less risk overall.  Even most of those that bought at the height of the last market before the crash and saw their properties be worth less than when they bought it are now seeing equity in their homes.  For those of you who are renting, what is keeping you from purchasing?  Even if you can't afford your dream home now, wouldn't buying a home of your own and earning some equity so in a few years you could upgrade that home using the equity earned in your home to purchase a bigger home and when that is more likely your dream home?  After all, you are paying a mortgage. The question is that mortgage yours and so your money is working for you or are you paying your landlord's mortgage so your money is working for him or  her?  Contact me today and let's get you started on the home buying process.  Here is a bit more information on the value of home ownership.  https://buff.ly/2GycP2l%20%20

Blog author image

Christopher Loschiavo

Putting clients needs first. I am a REALTOR with I Think Realty of Winter Haven. After working for 20 years in Higher Education Administration dealing with student misconduct such as cheating, alco....

Latest Blog Posts

Whats New In Garage Door Styles

Garage doors might not seem like they make much of a difference, but imagine what your home would look like if you just had a flat door where your current garage door stands. Because they take up

Read More

7 Mistakes Families Make In Handling The Estate Of A Deceased Love One

- Hello, I'm Chris Loschiavo with Home Team Epic and I Think Realty. For our video today we're gonna talk about "Seven mistakes people make when handling a deceased family members estates."

Read More

Best Materials For Refinishing Stairs

Staircases tend to capture the eye because of the way they transcend from one level to the next. If your stairs have seen better days, though, you might not like the message that your staircase is

Read More

Ready To Refinish Your Cabinets You Have Options

It’s been a long year, and it’s ok if you’re tired of staring at those kitchen cabinets you’ve frankly hated for years. 2021 is a year about promise and change, and you can start the

Read More