Will Buying Your First House Wreck Your Lifestyle

Dated: 02/20/2019

Views: 109

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

Haines City Commercial Property Great Location Just Off US27

                                                    ;

Read More

Stranded Without A Kitchen Island

When it comes to home improvements, there are few things that are requested more often than kitchen islands. Having a kitchen island can totally change the way that you work in your kitchen, and in

Read More

Hone Elements Worth Keeping

Whether you're looking for a home with character, or interested in selling one, I'm here to help! Send me a message to get started today. #thehelpfulagent #worthkeeping #houseexpert #homestyle

Read More

Top Repairs To Tackle Before Listing Your Home

When you put your home on the market, you obviously want to get as much as you can for the property. A lot of things can affect your home’s value, including many items that are largely out of your

Read More