You have to live somewhere and why not live somewhere that can build wealth? Look at the numbers in the image.
Do you want to do something about that?
- Rent money that goes out the door does just that. You’ll never see it again.
- Your mortgage payments are applied to your loan, which CAN be paid back resulting in a fully owned property you are free to sell, most likely with a hefty profit to boot.
Can you own for less than rent?
Let’s say you pay $1,000 a month in rent.
Can you actually buy a house and have your house payment be less than that $1,000 rent check you hand over to your landlord?
Find some homes you like at firstweber.com, note the prices and then… Check out this calculator to see. It will graph it out for you. You can play around with the cost of the home and you know what you currently pay for rent.
Maybe buying a home will be cheaper than renting after 5 years… Are you staying put that long? Then buying might be for you.
See how the numbers turn out and talk to a First Weber agent about getting started.
Need more convincing that maybe now is the time to start the process of buying a home? Read on…
Landlords will hike rents by 8% this year
Buying a home remains 35% less expensive than renting
You also might find these other home buyer articles helpful.
First Weber sells real estate throughout Wisconsin: Metro Milwaukee and Southeastern WI, South Central Wisconsin/Greater Madison, Central Wisconsin, Northeast Wisconsin and Wisconsin’s great Northwoods. You can start searching for Wisconsin real estate and Wisconsin real estate agents at firstweber.com
Thanks for reading the First Weber Wisconsin real estate & Wisconsin living blog.