Buy a Home Instead of Renting
Buying a home secures your piece of The American Dream. However,
renting a home or an apartment doesn’t provide any equity for you or your
family. Homeownership enables you to build wealth versus paying off your
landlord’s mortgage loan.
Why Should You Buy a House?
Purchasing a house will enable you to create a home for
your family.
With your home, you’ll have priceless moments that you’ll cherish
with your loved ones.
When you buy a house, you can make home improvements that
you desire and have as many pets as you want.
Unlike renting a house or an apartment, where you might
frequently move at the end of your lease, you can choose the length of time
that you live within your home.
You could sell your home in a year or two, list your home
for rent or reside in your home for more than 30 years.
What are the Benefits of Owning a Home?
Deciding to buy a home instead of renting can lead to a
lifestyle that enhances your financial opportunities.
Here are some reasons that’ll position you to thrive with
homeownership:
·
Long-term financing
·
Fixed-rate mortgage loan
·
Tax savings (confirm with your tax advisor)
·
Property appreciation
·
Ability to customize your home without
permission
·
Lower monthly payment versus comparable
properties (typically)
·
Opportunities to borrow against the equity in
your home
·
Options to refinance your existing mortgage
loan
You gain an asset that’ll enhance your family’s comfort
when you own a
home.
How Can You Buy a Home?
When you understand the requirements and the process,
buying a home is not as difficult as it seems.
Some people are discouraged by the thought of applying
for a home loan.
If you’ve paid your rent, credit cards and other bills on
time for the past year, you might have a favorable credit profile.
Speaking with an experienced lending professional can help
you determine if you’re qualified to buy a home.
ASJ Mortgage Solutions is a licensed mortgage company that
helps home buyers obtain affordable mortgage loans in Arizona, Michigan and
Indiana.
One of our licensed loan officers will review your credit
score, your income and available funds to see just how much you can spend
toward a home.
We’re here to guide you through the home buying process, answer
any of your questions and to help you become a happy homeowner.
Contact
ASJ Mortgage Solutions today or call us at: (480) 422-4380.