Tuesday, March 8, 2016

Rents Are Increasing - Invest in Your Own Home!

Spending Too Much on Rent – Are You One?
Young Adults are choosing to rent a house because they think they can not afford or qualify for their own home.
Why pay down your landlords Mortgage when you can own? Many twenty and thirty year olds are qualifying for loans. You will need to have saved up 3 1/2% of the value of the house for a FHA loan, or the preferred choice of a conventional loan requires just 5% of your own cash. Family members can gift you some of your down payment.
Now is a good time to enter into homeownership!
Contact Gloria at 214-789-1076, if you see a starter home in your near future!

Put Your Housing Cost To Work For You!

Let's look at your Net Worth, is it going up or down like many other American's. You can make a positive change today.

There are many young people debating whether they should renew their apartment lease or sign a contract to purchase their first home. Potential growth of a good home in just 5 years can and has amounted to $44,061 equity, according to Keeping Current Matters. Do you want that in your pocket or your landlord's?

Every month you have a housing cost that is going to be to your landlord or your mortgage company?


For many the only savings or advancement in their net worth has comes from making a housing payment. The principal portion of the mortgage payment helps build net worth, through building home equity.

When you rent, you are contributing to the Landlord's NET WORTH.

Why not take advantage of your monthly housing costs? The first step to savings in just a quick call to Homes By Gloria, 214-789-1076 and a good mortgage representative.