Dear Homebuyer-Have you considered these facts Part 2?
By Tracy Lee Parker, Buy*Sell*Rent
(RE/MAX DFW Associates)
Dear Homebuyer-Have you considered these facts Part 2?I heard this today on several social media sites: Divorce Your Landlord Marry The House Date The Rate What I believe they are referring here to is if you are waiting to buy because the interest rate is 7% you may be waiting awhile ! You should stop renting, find a your beautiful dream home & find a seller or new home builder that will buy down your interest rate for a few years. If you are currently renting at $2,500.00 and you pay that over the next 5 Years you will have spent $150,000.00 with no return on your investment. If you find a home that the seller or new builder will buy down your interest rate you can refinance the home in a few years if the interest rates go down. In the meantime you are building your equity so when...
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