Rent or Buy what's right for you.
TRUE or FALSE: Does it make more sense to buy a home than to rent one? While a lot of real estate agents would probably say that, hands down, BUYING makes more sense, we feel like it really depends upon the person and a lot of other factors. “So, we created a booklet to help people objectively come to their own conclusion. If you’re on the fence renting vs. buying, you should download a copy of our booklet. It’s free and there’s no obligation!
TRUE or FALSE: Does it make more sense to buy a home than to rent one?
While a lot of real estate agents would probably say that, hands down, BUYING makes more sense, we feel like it really depends upon the person and a lot of other factors.
“So, we created a booklet to help people objectively come to their own conclusion.
If you’re on the fence renting vs. buying, you should download a copy of our booklet. It’s free and there’s no obligation!
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5. IGNORANCE<br />
IS BLISS<br />
Nobody wants to be called<br />
ign<strong>or</strong>ant.<br />
But ign<strong>or</strong>ance, as a w<strong>or</strong>d, gets a bad<br />
rap. By definition, all it really means is<br />
that someone lacks knowledge <strong>or</strong><br />
inf<strong>or</strong>mation.<br />
And when it comes to buying a home,<br />
many people are simply unaware they<br />
can even buy a home. They just<br />
presume they can’t qualify f<strong>or</strong> a<br />
m<strong>or</strong>tgage, whether it’s because they:<br />
<br />
<br />
<br />
Feel they don’t earn enough<br />
money<br />
Feel they don’t have a good<br />
enough credit sc<strong>or</strong>e<br />
Simply feel like they aren’t<br />
“w<strong>or</strong>thy” of buying a home<br />
So, a lot of people don’t even bother to<br />
find out f<strong>or</strong> sure.<br />
While they say “ign<strong>or</strong>ance is bliss,” it<br />
isn’t always. While the fear of not being<br />
approved is understandable, it can<br />
cause someone who can easily qualify<br />
f<strong>or</strong> a m<strong>or</strong>tgage to not buy a home as<br />
soon as they’d like to...<strong>or</strong> even ever, in<br />
some cases.<br />
Plenty of people who thought they<br />
wouldn’t qualify f<strong>or</strong> a m<strong>or</strong>tgage actually<br />
do qualify — and have tons of options<br />
to boot. Of course, not all people<br />
qualify f<strong>or</strong> a m<strong>or</strong>tgage. But at least once<br />
they find out why they don’t qualify,<br />
they can w<strong>or</strong>k on getting qualified in<br />
the near future.<br />
So, if the main reason <strong>you</strong>’ve avoided<br />
buying a home is because <strong>you</strong> presume<br />
<strong>you</strong> won’t qualify f<strong>or</strong> a m<strong>or</strong>tgage, find<br />
out if that’s even true. Contact a lender<br />
to get pre-approved. You may be<br />
pleasantly surprised. In the least, <strong>you</strong>’ll<br />
walk away with a clear understanding<br />
of what <strong>you</strong> need to do in <strong>or</strong>der to<br />
qualify in the near future.<br />
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