Tired Of Apartment Living? Want A Home?Tired of Apartment Living?

Are you tired of living in an apartment? You may be tired of the uncertainty of rent increasing and not being able to make the apartment the way you would like.  In addition, the landlord may not make repairs in the way you might wish or ask you to leave. You and your family may need more freedom, privacy and space.
There is a feeling of pride and freedom when you own your own home. It is yours to remodel as much as you would like and you can pass it on to your children or use it to build equity to use in the future. Owning one’s own home is usually a strong goal for many people. If the real estate market goes up, your home can make you money. Every single dollar that you pay in interest for your primary residence is tax deductable if you itemize.
Advantages of owning over renting
  • You own your own home and can pass it on to your children.
  • You can make any changes you want to your home.
  • You can make a sizable profit on your real estate investment.
  • You can take advantage of tax benefits for homeowners.
  • You can leverage your money.

How Much Should I Save For A Down Payment?

The down payment amount depends on the purchase price of your home and your loan program. Different loan programs require different percentages, usually ranging from 3.5, 5% to 20%. The down payment plays an important role. Not only will it affect how much you’ll need to borrow it will also have an affect on the interest rate given.

When Should I Start Looking For A Home?

NMWelcomeHome Real Estate Team can help you through the entire process. If you are thinking of getting into a home, contact us so we can help you check your credit scores and give you a step by step process to get you into a home. NMWelcomeHome Real Estat Team explores all possible programs and ways to make you a successful homeowner. We can help you look for a home as soon as we can get you ready.

Contact NMWelcomeHome Real Estate Team for more details (505) 259-3150 or by Email.

Visit the Website to begin your search NMWelcomeHome.com

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