Invite US in and we will show you why WEICHERT® Works!
Homeownership is an investment in your future. Homeownership offers immediate benefits and
long-term value. It helps build wealth over the long term, strengthens communities, and has
been shown to reduce crime, improve education and increase community involvement. Purchasing
a home is one of the most important financial decisions you will probably make in your lifetime.
Are you currently renting and debating on taking the plunge into homeownership but aren’t quite
sure how this adds up in savings to your bottom line? Take a look at the information below that
shows buy your third year of homeownership you are ahead of the game by saving money and continue
to save from there forward.
The chart to th e right shows a cost comparison for a renter and a homeowner over a seven year period.
The renter starts out paying $800 per month with annual increases of 5% the homeowner purchases
a home for $110,000 and pays a monthly mortgage of $1,000.
After 6 years, the homeowner's payment is lower than the renter's monthly payment.
With the tax savings of homeownership, the homeowner's payment is less than the rental payment after 3 years.
Other reasons to buy:
There is a lot to consider when purchasing a new home. Having a clear sense of your reasons for
buying will help you choose the right property. A Realtor can help buyers stay focused on both
the emotional and financial issues that are most important in your current purchasing decision.
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Each Office is independently owned and operated.
472 North Dean Road Suite 200
Auburn, AL 36830 USA