TIRED OF RENTING?
There’s no place like home…except for when that home belongs to someone else. If you’re tired of having your hard-earned money pay the landlord’s mortgage, you might want to hear about a recent study that showed the net worth of homeowners to be about 45 times that of renters.
It’s a good time to re-think your rental, especially now when qualified first-time homebuyers can purchase with as little as five percent down and there are programs available to help with your down payment. Instead of paying rent, you can be building your net worth — which is why we’re all about getting started in the real estate market as soon as you can, even if it means down-sizing at first.
Relax. It’s easier than you think.
Most renters have no problem meeting mortgage obligations as they’re accustomed to paying rent every 30 days. If saving enough for your down payment is a concern, talk to us. There are government programs available to subsidise the cost and you can qualify as a first time buyer even if your spouse has owned a home before (as long as you weren’t on title). We’ve got a wide array of proven strategies and are ready to help you get started. Before you know it, you’ll be on your way to bona fide home ownership.
Eager to hit the ground running? Mortgage pre-approval can give you significant peace-of-mind when shopping for a home. To get started on your pre-approval, talk to one of our mobile Mortgage Advisors. The conversation is free, they work with all of the major banks, and they’ll come right to your home or office with your written pre-approval, at no cost or obligation. All you need is a completed credit application.
Ready to start building your net worth? Give us a call today. We’ll set you on the path to home ownership and can refer a trusted mortgage professional help you on your way.