Home Rents Are On The Rise – Don’t Get Caught In The Rental Trap!
Rents Are On The Rise
Don’t get caught in the rental trap. Hi, Shawna Kurowski with the Desert Charm Living Real Estate Team.
There are many benefits to home ownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t become trapped. Rent prices have been increasing over the last year and continue to rise, your landlord is in complete control of your rent price.
When You Own Your Home
When you own your own home, the monthly payment is consistent. Don’t let increasing rent prices become a burden for you. It’s cheaper to buy than rent.
The results of the latest rent versus buy report from Trulia, show that home ownership remains cheaper than renting with the traditional 30 year fixed rate mortgage in the 100 largest metro areas in the United States. Here in the valley, it shows it could be 20 to 30% less expensive to own than it is to rent. That’s real money. Know your options.
Many renters think they can’t afford to buy or are currently saving to buy a home. Many first time home buyers who believe they need a large down payment may be holding themselves back from owning their own home. You may not need as much as you think.
Bottom line, don’t get caught in the trap that so many renters are currently in. Take control. If you’re ready and willing to buy a home, it makes sense to find out if you’re able to. Interest rates are at a historic lows and now is a great time to buy.
We would love to see what we can do to help you achieve your goal of purchasing a home. Call or Text us today – 602-529-3380
Have a great day everyone 🙂 Thanks for watching, see you soon.
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Desert Charm Living Real Estate Team
Call or Text: 602-529-3380
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