While renting has few advantages, such as ease of move and maintenance burden is on the landlord, owning a house has advantages that exceed over renting many fold:

  1. You build equity over time
  2. You save on taxes
  3. Your monthly payments are fixed for the mortgage life (rents go up after lease expires which normally is each year)
  4. After your mortgage is paid-off, you pay only taxes and your monthly payments are substantially reduced
  5. In difficult times, if you fall behind a month or two in your payments the bank does not immediately kick you out of the house
  6. In retirement age you can take advantage of reverse mortgage where bank pays YOU to live in your own house, which can substantially increase your monthly income
  7. VETERANS may not require down payment
  8. The Pennsylvania Housing Finance Agency offers assistance to FIRST-TIME HOME BUYERS
  9. Pride of owning a house you call home
  10. YOU MAY BE ABLE TO OWN A HOME FOR THE SAME AMOUNT OF MONTHLY RENT (OR EVEN LESS) YOU PAY

Contact me today to find out how I can help you become a home-owner