Philadelphia, Bucks and Montgomery Counties Real Estate. Tips for home buyers, home sellers by Gita Bantwal,Realtor at Re/Max Centre Realtors.: Are You Ready to Take the Leap into Home Ownership?

Are You Ready to Take the Leap into Home Ownership?

This is a great post by Debe Maxwell. If you are still renting a house you should read this post . If you are thinking of buying a house in Bucks County call me to be your buyer agent.

Are You Ready to Take the Leap into Home Ownership?

 

Are you tired of paying someone else’s mortgage while renting from them? Are you ready to take the leap from renting to owning a home of your own?  While we all move at their own pace, here are some indicators to help you determine if it is time to own your own home. 

 

Here are four great reasons that would indicate you ARE ready:

You are planning to reside in Charlotte for 2 or more years

Moving or Staying?If you plan on moving soon for a job or think that you won't be in Charlotte much longer, it may be better to rent. However, if you are thinking about living in Charlotte or for years to come, it is time to put down roots…and now! The stability that comes with homeownership is far superior to moving from rental to rental or even just staying in the same place for years. INVEST your money in real estate - you’ll be glad you did!

 

You have a steady job


If you have a steady job and know that your salary is stable, why not make the move to homeownership? As long as there aren't any other major debts eating away at your income, you can likely handle a mortgage and other costs associated with homeownership. The equity that you build in your home can help you build future wealth. Your home may also make a great rental property in the future, which can help you diversify your portfolio and keep you solvent for years to come.

Charlotte First-Time Homebuyers

*Infographic courtesy of KCM; Source - AR & US Census


You have maintained your good credit score


Even if you haven’t, there’s no time like the present to start re-building your credit. Never give up on improving your credit score - it follows you through life. Speak with a credit advisor or our recommended lenders for more information on establishing credit and/or improving your score.

 

Mortgage Credit Score Requirements*Infographic courtesy of KCM; Source Ellie Mae, Rent.com, Freddie Mac

 

Your rental rate has increased

 

88% of property managers across the US have raised their rental rates. Why? Because they can! Seriously, with rental demand at the highest level in recent years and the rental inventory at an all-time low level, the market force of supply & demand takes effect - rental rates are increased. Most buyers realize that they can purchase a home for less than the rent payment they are making each month.

 

Rent vs. Buy in Charlotte NC

*Infographic courtesy of KCM; Source, Pulsenomics

 

Are you ready to be a homeowner in the near future? Only you can say for sure if it is time to that that leap. However, if you are looking for a long-term housing solution, you are likely ready to make that move. For more information on homeownership, let’s talk! Call or text (704) 491-3310.

 

Read More: Rent vs. Buy - Waiting Until Next Year Can Cost You Even More

 

© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | Are You Ready to Take the Leap into Home Ownership?

 

     

Charlotte Real Estate Team - The Maxwell House Group

 

  Charlotte NC Homes for Sale

 (THE best Charlotte home search available - no kidding!)

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Charlotte CRS Agent


Debe Maxwell, Realtor®/Broker/CRS

CharlotteBroker@icloud.com

Direct:  (704) 491-3310

 

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Disclosure of material contained within
.

When you read about events please check the year for the event as some people find information a year later and think it is for that year. . The posts remain online even after the event.

Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site www.GitaBantwal.com

 

She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email gita01@aol.com

If you would like a FREE MARKET EVALUATION OF YOUR HOME IN PHILADELPHIA, BUCKS or MONTGOMERY COUNTY call me at 2152758491

 Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers.Gita also hold the CRS designation , Certified Residential Specialist and the CDPE designation as well. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others  in my post and comments is not to be construed to be  legal advice.I am licensed in Pa. Check real estate laws in your state as they may be different than in Pa.

IF YOU WOULD LIKE TO SUBSCRIBE TO MY BLOG         CLICK HERE   OR EMAIL ME AT Gita01@aol.com

 

Comment balloon 10 commentsGita Bantwal • May 21 2018 12:47PM

Comments

Great post to re-blog, Gita. I hope Bucks County renters see it and call you to find out if they are qualified.

Posted by Lottie Kendall, Serving San Francisco and the Silicon Valley (Pacific Union International) about 2 months ago

Hi Gita.  Great choice for a re-blog.  Debe wrote an excellent post with terrific information.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) about 2 months ago

Lottie, I hope so.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 2 months ago

Gabe, thank you.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 2 months ago

Great reblog choice, Gita! I'll head over and leave a comment.

Posted by Sharon Tara, New Hampshire Home Stager (Sharon Tara Transformations) about 2 months ago

Thank you very much, Gita, for sharing this excellent reblog selection.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) about 2 months ago

Sharon, thank you.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 2 months ago

Roy, thank you.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 2 months ago

Terrific information here about home ownership. The joys and responsibilities that go along with it 

Posted by Joyce Marsh, Daytona Beach Florida, Presenting The Finest in Florida Luxury Living... (Award Winning Luxury Expert, Premier Sotheby's International Realty) about 2 months ago

Joyce, I agree.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) about 2 months ago

Participate