Wednesday, March 30, 2022

Build Equity Buy Stop Renting in Florida

 




Have you ever burnt money?



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I know someone that went through a divorce and rented for four years then added up the cost of renting it came up to $100K and right away he decided to buy rather than throw his money away! It's like he burnt a $100,000

You may not have literally burned up bills but if you're still paying rent, it amounts to the same thing. When you buy a home, you own something solid, real, and something full of value. For many people, building equity by buying your own home is one of the most lucrative investments you can make.

Instead of dealing with your landlord's choices, you get to set the rules. Go ahead, adopt that amazingly cute puppy you've always wanted. Paint your kitchen in bold, beautiful colors. Plant your veggie garden in the sunny spot in your backyard.

It's a battle you don't have to fight anymore

In today's rental market finding an affordable place to live can be tough. And just because you find a place that doesn't break the bank this year doesn't mean your rent won't go up once your lease is up.


When you buy your own home, you can protect yourself from an out-of-control housing market and stabilize your cost of living. No more rent hikes. No more frantic searches for a decent place to live in your favorite neighborhood.

Stability and Peace of Mind

Moving from rental to rental is obviously a financial inconvenience, but it can also be a significant emotional burden. When you don’t know for sure where you’ll be living next, you also don’t know who your neighbors will be or where your kids will be going to school.

When you buy your own place, you make an investment in your home and your community. Enjoying friendships with neighbors, community involvement and stable educational opportunities for your children are just a few benefits of home ownership that you can’t put a price on.



PQ Letter or Pre-qualification Letter - Proof of Funds Letter if Paying Cash

Whether you are a first time buyer or have bought some houses before, I suggest that you get a Pre-qualification letter or Proof of Funds Letter if Paying Cash, especially after the COVID-19 outbreak.

Seller and sellers' agents prefer qualified clients, they don't want to be showing their houses to people that don't have a PQ Letter or Proof of Funds Letter.

Sellers don’t want to take their property off the market unless they know that the buyer is pre-qualified or pre-approved, so it’s very important to have one if you want your offer to be taking seriously.

If you are getting a Home Mortgage, I have an excellent Mortgage Broker / Lender on my team, that can give you a preapproval letter within hours, just let me know and I will have him contact you.

 

How Real Estate is Sold in Florida:

There is a Listing Agent and a Buyer's Agent, all offers are presented to the Listing Agent by the Buyer's Agent and the listing agent must present all offers to the Sellers.

Sometimes the listing agent is looking out for the interests of the Sellers, especially true at open houses, while I will be looking out for your interests.

Buyer Important Facts to Know

Thank you for the trust placed in me,

Antonio Ortega, LLC




           

www.AntonioOrtegaLLC.com     For Residential Properties

www.AntonioOrtegaLLC.net       For Commercial Properties
  

Visit our Secure Existing Homes Website:  www.SouthBrowardHomesbyTony.com

Antonio Ortega LLC Licensed Real Estate Professional with Global Luxury Realty







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