Community Corner
BETTER TO OWN THAN RENT
Buying a home is one of the smartest financial decisions most people will ever make. According to the Federal Reserve’s survey of consumer
financing, average homeowners have over 4x greater net worth than people
who pay rent.
Owning a home also serves as a savings account, paying monthly toward your principal balance helps earn equity in your home. Owning a home also provides tax benefits, insurance deductions and other perks.
With interest rates and home prices at historic lows and first time
homebuyer programs available, now is an excellent time to make your dream of owning a home a reality!
Mortgage payments based on a FHA loan, 4.75% (APR 4.504%) interest rate, taxes, insurance,upfront
MIP of 1% and monthly mortgage insurance are not included in payment or APR. 3.5% downpayment
required. Total monthly obligation could be higher.
Why wait? let us go to work for you. I have many different lenders that can assist you with your mortgage. I handle real estate purchases and sales for all of Loudoun, Fairfax, Prince William Counties. Also, Arlington, Alexandria.
Give me a call today if you would like to purchase or sale a property.
Thanks!
Scott Polly
Keller Williams Realty
Cell: 703-628-9688
scott.polly43@gmail.com