3 Reasons to Buy Your Dream Home This Year
Updated: Jan 20, 2020
Thinking about purchasing a home? Read these reasons why you should pull the trigger this year!
1. It is a good investment
Buying real estate means you are building equity which is huge. You can later tap into your equity or benefit from it when you sell. Buying a home is a secure way to invest your money into an asset that is with you for the life of the loan.
2. Mortgage rates are relatively low.
Mortgage rates hit historic lows in 2019 and are expected to remain relatively low throughout 2020. Freddie Mac predicts in their latest report, rates to average 3.8% in 2020. A low mortgage rate can help in obtaining a low monthly payment.
3. It can be less expensive than renting
Rent prices are continually on the rise, and they are not going down anytime soon. If you are renting right now you are paying someone’s mortgage, your parent’s, friends, or landlord so why not pay your own mortgage and reap the benefits?
CLICK HERE to see how much you qualify for and get your free, no obligation pre-approval.
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This is not a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet LTV requirements for refinances, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines. Approvals are subject to change without notice based on the applicant’s eligibility and market conditions. Geneva Financial LLC is not acting on behalf of or at the direction of HUD/FHA or the Federal Government. Geneva Financial LLC is approved to participate in FHA programs but the products and services performed by Geneva Financial LLC are not coming directly from HUD or FHA. Geneva Financial LLC #42056 is an Equal Opportunity Lender and Equal Housing Lender. 3155 S. Price Rd Chandler, AZ 85248. AZ#0910215 Corporate: 3155 S. Price Road • Suite 105 • Chandler • AZ • 85248