I believe with all my heart that renters should become home owners, as soon as they possibly can, and that the very best time to do that is right now.  There are three reasons for urgency:

NUMBER ONE.  Loan money is cheap.  Today, you can get a lower mortgage interest rate than at any time in living memory.  This means you can buy way more house, for way less money.  It means that you can qualify for a loan today that you could not qualify for last year.  This situation will not last.  Interest rates are being held artificially low by the federal government.  Sometime soon they are going to open the valve and interest rates are going to skyrocket.

NUMBER TWO.  House prices are at record lows.  How low?

• You could not rebuild houses for what you can buy them for today.
• A $150,000 house that you can buy would cost you $200,000 to replace.

NUMBER THREE.  Bank foreclosures and short sales have flooded the market with houses that need a lot of fixing up.  This is what you’re looking for, a home with potential
to fix up just the way you want to and then watch it appreciate in value because of your hard work and sweat.

Will home prices continue to fall?

No.  Not much, if at all.  At least, not much for the kind of home I’m talking about in this message.  What kind of home is that?   OK, now we get down to it.  I’m talking about:

• a starter home
• an entry level home
• a home in which to recover from a foreclosure and get back on your feet home
• a first home for a renter or renter family
• a modest home that will sharply increase in value when the housing market turns around, and the market will turn around.

You need to stop throwing money away and stop lining your landlord’s pocket.

You need to start building real wealth on your way to financial happiness.

And what, pray tell, is that, financial happiness? Don’t worry, I’m going to tell you. The goal, the pay off, the brass ring, the jackpot is nothing more, and nothing less, than financial independence.  Financial independence.

Let’s face it.  You were not born with a silver spoon in your mouth.  If you were, you wouldn’t be reading this message, you’d be rich and living off daddy’s money.  You and I are working class stiffs.  Everything we have, we got through our own efforts.  And everything we’re going to have, we’re going to get the same way.

Hard work, good planning, courage.  These qualities are your inheritance.

• You don’t have a sugar daddy.
• You don’t know how to “make a killing” in penny stocks.
• You’re not going to win the lottery.

But what you can do is stop paying rent and start buying your own house.  That’s what I did, with no money and a VA  loan, and a strong wife, and a deep breath to steady my hands.  You can too.

Homeownership is the first step upwards toward financial independence.  It’s the greatest investment you can make in yourself, and here’s the cool part, you get to live in your investment, with a real roof over your head, and real land under your feet.

OK, here’s the last thing I have to say in this message.  You need to calculate how much it will cost to own your new home versus how much it currently costs you to
rent.  This takes bit of number crunching and CJ and I are more than happy to do that for you.

Just get in touch with us.