Heather Presha, Realtor
Recently I've had a few clients that have asked me to rent out their homes for them. In doing so, I've had some really interesting conversations with prospective renters as to why they have not decided to purchase a home instead of renting. All 66 people that I spoke to said the same thing:
"I have to save for a down payment"
"I have a few things I need to repair on my credit"
"It's such a big commitment"
Fair enough, but here's the bottom line on all 3 of these issues:
1. DOWN PAYMENT.....
What is the total cost to move into an apartment? A few thousand dollars, right? Half of a down payment, if you ask me. Where will you get the other half? Here are 16 ideas:
How do YOU know the best method of clearing up your credit to prepare to purchase? Leave that to the experts, my dear! Do yourself a favor and meet with a loan officer (an EXPERT), who can help you develop a strategic plan to get ready! Right now you really don't have enough information to make an educated decision about whether or not you can actually buy a home. Right?
Here are some people I call on to help my first timers get ready:
1st Point Lending (Lic#391243)
International City Mortgage
3. A Big Commitment...
LIFE is a huge commitment. Work, relationships, marriage, children - everything that has a big payoff requires us to make a decision; to challenge ourselves for the long run and to overcome our fears. Once you put in the work, the benefits are huge. If you are worried that you won't know what to do when something breaks down in your new home--it's simple...FIX IT! Go online, go to Home Depot or call a Handyman! Bottom line is---like any other commitment, you will continuously be working on your home to maintain it. It will be YOURS - stop paying someone else's mortgage and start paying your own!
Check this out....
Here's what I got from overcoming my fear of dating "my friend" Miles. Now he is my BEST FRIEND and husband. I love my family!!!
AND....here is what I got for pushing through my terrible credit, budgeting like crazy and being courageous enough to want to own my own home. (I planted that banana plant in the front yard and cried because I couldn't believe that I WON!!!)
...YOU CAN DO THIS too!!!!