Here are seven key factors that affect your interest rate that you should know:
-Credit scores
-Home location
-Home price and loan amount
-Down payment
-Loan term
-Interest type
-Loan type
Knowing these factors can help you better prepare for the homebuying process and for negotiating your mortgage loan.
When comparing the two options, renting can often come out ahead, at least compared to the early years of a home purchase.
There’s no single answer to the question “Should I rent or buy?” Your solution depends on where you live, whether renting or buying an equivalent home is cheaper, and on additional assumptions you can include in your analysis. A handful of shifting factors can also influence your answer, many of them out of your control, like the direction of the housing market, interest rates and returns on investment.
Schedule a call and let’s discuss your options today as you can also rent to own a property.
Between a recent jump in inflation, historically low interest rates and the mood of millennials to rent instead of own, buying rental property has been on an uptick in recent years📈
But we are here to save your day with some of our ground rules which you should consider when deciding to buy a house while you are on tenant mode⏩
🏷️Find the right location
🏷️Budget for the unexpected
🏷️Keep an eye on your credit score
🏷️Enjoy your renting lifestyle while it lasts
Are you ready to start mapping out your home search?
Get in touch with us for more tips and other information
Not everyone thinks home warranty companies are worth the cost, but we are here to convince you to the contrary!
A home warranty ⏩
📌Benefits homeowners by providing reassurance that they can move in without worrying about shelling out even more for add-on or surprise repairs
📌Benefits home sellers since it can cover these elements during the listing period. At times, home sellers will offer to pay for the first year of a buyer’s home warranty to entice buyers to bite.
Whether your home is newly constructed, it is wise to get a home warranty to insure against the high cost of home repairs. ✔️
Start this new journey together with us to make everything right and get you the home of your dreams…contact us
So, you’ve picked out the perfect new home, started packing your belongings, and hired a moving company.
What’s left on your moving checklist? Moving your utilities!
✍🏽What to keep in mind
✍🏽Make your utilities checklists
✍🏽Include basic utilities
✍🏽Know your providers
This necessary to-do item is crucial to set up because the last thing you want on Moving Day is to settle into a new place that doesn’t have electricity or running water
You can get our assistance on anything you need before moving in on your new place
