It’s a dream we all have - to own our own home and stop paying rent. But if you’re like most renters, you feel trapped within the walls of a house or apartment that doesn’t feel like yours. How could it when you’re not even permitted to bang in a nail or two without a hassle? You feel like you’re stuck in the renter’s rut with no way of rising up out of it and owning your own home.
Well, don’t feel trapped anymore! It doesn’t matter how long you’ve been renting, or how insurmountable your financial situation may seem. The truth is, there are some little known facts that can help you get over the hump, and transfer your status from renter to homeowner. With this information, you will begin to see how you really can: - save for a down payment- stop lining your landlord’s pockets, and- stop wasting thousands of dollars on rent.
The problem that most renters face isn’t your ability to meet a monthly payment. Heaven knows you must meet this monthly obligation every 30 days already. The problem is accumulating enough capital to make a down payment on something more permanent. But saving for this lump sum doesn’t have to be as difficult as you might think
Today will be the first in our series of these little known facts that can help you purchase your first (or more) home.
Point #1:
You can buy a home with much less down than you think. There are some local or federal government programs (such as 1st time buyer programs) to help people get into the housing market. You can qualify as a first time buyer even if your spouse has owned a home before as long as your name was not registered. Ensure your real estate agent is informed and knowledgeable in this important area and can offer programs to help you with your options.
If you would like to sit down and see how this information can apply to your specific situation, please call me at 615-957-4446 with any questions you may have. I can put you in contact with the people who can help you with your dream.
Tuesday, April 29, 2008
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