** With $21,250.00 down, purchase a $425,000 home instead of renting, and save $20,736.00 in mortgage pay down in just three years.
Ask me how you can buy today with 2% down, $0 down or Rent-To-Own.
Thursday, October 14, 2010
Home Ownership Out Performs Renting
According to the latest finding, prices in September 2010 are 14.6% lower than the peak in early 2008. Combine all time low interest rates and owning is proving to be cheaper than renting. A median price home of $425,000 with just 5% down realizes a mortgage pay down savings of just over %575.00 per month**. Those savings, low prices and potential for equity are turning many savvy tenants into first time home buyers.
** With $21,250.00 down, purchase a $425,000 home instead of renting, and save $20,736.00 in mortgage pay down in just three years.
Ask me how you can buy today with 2% down, $0 down or Rent-To-Own.
** With $21,250.00 down, purchase a $425,000 home instead of renting, and save $20,736.00 in mortgage pay down in just three years.
Ask me how you can buy today with 2% down, $0 down or Rent-To-Own.
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