Renting vs Buying in Pinellas County


Manage episode 155209340 series 1150003
Player FM과 저희 커뮤니티의 Sean McManamon 콘텐츠는 모두 원 저작자에게 속하며 Player FM이 아닌 작가가 저작권을 갖습니다. 오디오는 해당 서버에서 직접 스트리밍 됩니다. 구독 버튼을 눌러 Player FM에서 업데이트 현황을 확인하세요. 혹은 다른 팟캐스트 앱에서 URL을 불러오세요.

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People always ask me whether it's a good time to purchase a home, and my answer is always the same.

It is always a good time to buy a home, rather than renting one. It doesn't matter what the market looks like, to me, it always makes more sense to rent than to own.

Interest rates are at all-time lows, which is going to save you thousands of dollars over the life of your loan. These low rates won't last forever, so now is the time to buy if you've been on the fence.

There are also many different kinds of mortgage programs that will allow many different people to afford homes. The requirements have loosened, so now is the time to take advantage of this.

Valuations are on the rise currently, but you can still find affordable homes right now. If you buy a home now, you can ride the wave of appreciation.

There are many different benefits to owning a home instead of renting. One of these is that you can deduct your mortgage interest, which is a huge tax benefit.

Another benefit is that you're enhancing your net worth every single month. When you rent, your net worth moves down nearly every month.

If you're not sure if you're ready to buy, please contact me! Let's see if you're ready to buy. Even if you're not ready right now, we can form a plan so that you can purchase later down the road.

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