Buy Now or Rent Longer? 5️⃣Five Questions To 🖐Answer Before Purchasing Your First 🏠Home - Is Now a Better Time 👫to Purchase or Rent a Home? That depends.🤔Despite what you may hear, there is no single right answer. But, do not ⚡🚨panic! Start by asking yourself these 5️⃣Five Questions:
🟩How long do you plan to stay in the home OR use as an investment?
🟩You’ll get the most financial benefit if you remain in place for at least 5 years.
🔻Is it a better value to rent or buy in your specific area?
🔻Look up the price-to-rent ratio, and consider the long-term financial impacts.
🟨Can you afford to own a home right now?
🟨Be sure to consider the costs of maintenance and repairs.
🟣Can you qualify for a mortgage?
🟣Talk to a lender to determine whether your finances are in order.
🔷How would owning a home change your lifestyle?
🔷Do you relish the thought of painting the walls or starting a garden, or do you prefer to have someone else handle upkeep?
Check out Kathy's Latest Blog Post 👇 for more details about how to make the right decision for you! 🔗🔗🔗
https://activerain.com/blogsview/5757589/buy-now-or-rent-longer--5-questions-to-answer-before-purchasing-a-home
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📞☎954-347-0244
📧📩Kathy@HyattReatlors.com
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