01/17/2023
Still, Renting?
If you said yes, you aren’t alone. According to US Census data, in 2021, the total number of renters in America was around 114M, or about 35% of the total US population.
Some more fun facts, the average American’s rent is around $1326/m. This figure is rising at a rate of 8.69% per year. That is a lot of money. In one year, that adds up to $15,912 that you’re paying toward your landlord’s mortgage. Think about it this way, the average home value in Wisconsin, where I live, is about $237,000. If you applied that $15,912 to a $237,000 home, you would own nearly 7% of the equity in that home.
Could you be a homeowner? I think you can! Let’s say you purchased a home for $236,000. Based on today’s rates, would give you a principal interest payment of about $1200. Add the taxes and insurance to that payment, and you’re right around $1600/m.
No-down-payment? No problem. Down-payment assistance (DPA) programs can help a qualified buyer purchase a home with no money down.
Maybe you think your credit stinks? I can help with that too. You might be surprised, with a little planning how quickly, a credit score can change for the better.
So now you’re only excuse is that you need to get started. Call or message me. We can start by answering questions or completing an application. Once you’ve been pre-qualified. Take that first step. Let’s start today!
Don’t forget. We also offer a Free Homeownership Workshop each month. Contact me for details. I’d love to see you there. Be sure to like and share this video with someone you know who could benefit from it. Thanks!
If you are in the process of buying your home and you're not sure how the process is supposed to happen, Scott White is there to help. Get into your new home today with Scott White.
Apply: https://mortgage.lhfs.com/LaCrosseWI/scottwhite
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Land Home Financial Services, Inc., NMLS # 1796 www.nmlsconsumeraccess.org. This video does not represent a commitment to lend. Branch Location: 600 3rd St. North, Suite 101, La Crosse, WI 54601. Scott White NMLS # 82835