If someone you know is still renting, you may have heard them mention one of the following myths about purchasing a home:
MYTH 1: Mortgage payments are unaffordable.
The tax savings on mortgage interest alone often makes up for most of the difference between a rent payment and a mortgage payment.
MYTH 2: Buying a home is too complicated.
Buying a home can be very complicated, but that's why I'm here to help. My job is to guide buyers through the entire process from start to finish.
MYTH 3: Buying a new home requires a substantial down payment.
There are actually quite a few flexible down payment options available. Many first-time buyers take advantage of financing options that only require a 5 percent down payment, and some require even less.
If someone you know is still stuck in the rent trap, would you forward this email along to them? I would be delighted to show them the full benefits of homeownership and how it can work for them.
