Why Rent When You Can Own?

Finally ready to buy instead of renting?

But, are you afraid it's the top of the market? With interest rates the lowest in 30 years, I think the risk is greater that the interest rates will go up, not that home prices will go down. But even if prices do go down a little, if interest rates tick up, the monthly payment on that house will be higher, even if the price is less. So your risk in trying to "pick the bottom" is that you'll miss out on today's very low interest rates. And besides, I don't believe that prices will fall in the entry-level price range.

The next step is up to you. I'd suggest sending me an email or giving me a call and we'll see what can be done. Even if your lease isn't up yet, we should still get the ball rolling, because we may have some credit work to do, and that could take 3 months or more. If you're not ready to talk yet, but would like to be kept up to date with the real estate market, then sign up for my email newsletter.

Either way, do something. Get something to show for your efforts. Don't be like the old saying, "Work your fingers to the bone, and what do you get? Bony fingers." You know, next year at this time you could still be renting, or you could be in your own home building equity. You might even discover you're handy at doing home improvements, as some of my clients have done, and they've really increased the value of their properties.

Who knows what you'll accomplish once you have this big unfinished business of not owning your home out of the way? You know you need to do it - it's like a big weight holding you back until you get it done. Today's a good a day as any.