Real Estate as an Investment

 

Some people will tell you that real estate is always a great investment, so if you can buy, you should buy.

While that can often be true, it's not always the case. Sometimes renting makes the most financial sense or it might be more important to listen to the market than it is to pull the trigger. But, sometimes the time is right or there are opportunities available that are too good to pass up!

If you are a potential home buyer (especially a first time home buyer), one of the first questions I like to ask is, "Why do you want to buy a house"? Give this question some serious consideration before potentially shelling out hundreds of thousands of dollars. 

Depending on where you are in the process, I may talk about TCO (total cost of ownership). The expense of buying a home goes well beyond the closing costs and monthly mortgage payment. On average, TCO can be over 50% above your monthly mortgage payment!

I'm here to help you make the best decision possible for your future. Feel free to contact me to learn more!

 

 

Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.

- Franklin D. Roosevelt