Of recent the blogosphere has been active with debates that are centered on the value of owning a home versus choosing to rent in the current economy.
Regardless of which side the debaters take, the dialogue itself reveals how personal our ideas about homeownership can be and how significantly it factors in our lives.
As these online discussions reveal, life stages, financial situations, and lifestyle preferences are all factors that people consider when deciding to rather to rent or own.
People who may be moving within a few years may want to consider renting as an option, until they’re ready to settle down in a specific community. However, as individuals take steps toward raising families and growing a nest egg, homeownership tends to be the first rung on the ladder toward the goal of building long-term wealth.
No better time in history have we been at in Real Estate which is more perfect for those
starting out as home owners. There are loan programs that offer low interest rates, and home values are at their lowest in decades. Yes, there are more challenges to getting qualified today than it was 5 years ago, but buyer prospects with good credit histories can benefit from these times.
Government loan programs such as VA, FHA and USDA Rural Development are designed around the first time home buyer. Renters seeking to move out of paying for rent each month will often find it cheaper in many ways to own their own home. In the Battle Creek area it is possible to get into a home in these conditions.
If you have been renting, and would like to take the steps towards becoming a homeowner, as a Realtor in the Southwest Michigan area I can help you achieve this goal. Give me a call today at: 269-441-8182 or visit my website at: www.michaeldelaware.com.