As in yesterday's post, renters should take a hard look at purchasing a property, whether it is a condo, townhome or a single family home. MOST LIKELY, the mortgage payment will be less than the rent you are currently paying!
My lending partner did a chart showing a condo I have listed in Lowry - 3 beds, 2 baths, 1,315 square feet with a one car detached garage listed at $369,900.
When you buy a home, you may be able to change your deductions from your paycheck and see more each week, but check with your tax professional before doing so. There are tax benefits by owning also - you can claim the mortgage interest you paid plus the property taxes on your income taxes - SAVINGS!
If you want to know more, give me a call, or Ben Martin to see what you can qualify for today. The interest rates shown above are based on good credit.
Alliance Mortgage Group
Corp NMLS # 1423395. This is not a loan estimate as defined by federal law. This is only a summary of various loan programs only. Information herein is subject to change and is not a commitment to lend. In compliance
with federal law, a written loan estimate will be prepared with three (3) business days of receipt of an actual loan application. This shall not be construed to create any contractual relationship by or between any party.