According to a recent report by Trulia, “buying is cheaper than renting in 100 of the largest metro areas by an average of 33.1%.” The report may have some people thinking about buying a home instead of signing another lease extension, but does that make sense from a financial perspective? Ralph McLaughlin, Trulia’s Chief Economist explains:
“Owning a home is one of the most common ways households build long-term wealth, as it acts like a forced savings account. Instead of paying your landlord, you can pay yourself in the long run through paying down a mortgage on a house.”
The article listed five reasons why owning a home makes financial sense:
Before you sign another lease, contact a Wallick & Volk Mortgage Professional to discuss all your options. www.wvmb.com
Source: www.KeepingCurrentMatters.com
1640 S. Stapley Drive, Suite 221
Mesa, AZ 85204
Direct: 480-657-1968
222 East 18th Street
Cheyenne, WY 82001
Toll Free: 800-280-8655
Our Texas offices are licensed and examined by the Dept. of Savings and Mortgage Lending.
NOTICE: This is not a commitment to lend or extend credit. Restrictions may apply. Information and/or data is subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states.
Third‑party web sites may have privacy and security policies different from Wallick & Volk. Links to other web sites do not imply the endorsement or approval of such web sites. Please review the privacy and security policies of web sites reached through links from Wallick & Volk web sites.
Wallick & Volk Corporate NMLS #2973. View full list of license and disclosures
Privacy Policy | NMLS Consumer Acces | Disclosures and Licenses | Unsubscribe
Copyright © Wallick & Volk 2020. Additional Copyrights