There’s no doubt about it: buying a home is a daunting task. In fact, many potential buyers are nervous about the commitment and obligation that comes with buying a home.
If you’re more comfortable renting because you think you can’t afford buying a home, we should talk. The truth is, even when you’re a tenant, you’re still paying a mortgage. Unless you live completely rent-free with a relative, you’re helping someone build their equity and pay off their mortgage with your rent money every month.
You’re paying your landlord’s mortgage, and giving them a little extra for themselves each month. Wouldn’t you rather be building your own wealth?
If You’re Serious About Your Finances, You Should Buy a Home
Buying a home is one of the most surefire ways to build wealth for the long-term. Additionally, it gives you significant benefits to your credit score, as well as a sense of security.
When you own your home, you’re not at the mercy of your landlord—who may raise your rent whenever they see fit. Plus, owning your home means you can decorate and renovate it to match your unique tastes! You have complete freedom over what goes in and what comes out.
In Fact, It’s a Great Time to Buy in Raleigh
The spring home-buying season is shaping up to be a good one. Interest rates are still historically low, while inventory only continues to grow. That means this spring will be a wonderful time to buy a home in Raleigh.
Join the Home-Buying Ranks
It’s never too late (or too early!) to buy a home in Raleigh. Trust us, if you can afford to pay rent every month, you can afford to buy a home.
Plus, there are plenty of mortgage options out there that require little to no down payment! There’s no excuse not to take advantage of excellent market conditions and become a homeowner.