Cost of Waiting

Waiting for the "Perfect" Time to Buy?

Every month you continue to rent, you're essentially throwing away money that could be invested in your future. While you're renting, you're missing out on the benefits of amortization, appreciation, and building your net worth through homeownership. If you’re debating whether to buy a home this year, here’s a powerful insight that could provide the clarity and confidence you need to decide. (see #1) ➡️

Why Waiting to Buy Could Cost You More

In this video, we break down the key differences between renting and owning, highlighting the long-term financial benefits of homeownership. While renting might seem more convenient in the short term, it comes with limitations—like missing out on building equity and dealing with rent increases year after year. On the other hand, buying a home offers stability, the potential for appreciation, and the ability to make the space truly yours. (see #2) ➡️

Down Payment Blues?

You can buy a house with ZERO DOWN, and right now is the perfect time to do so while sellers are still willing to cover some or all of your closing costs. Don’t miss this golden opportunity to move up! Do you want more information on ZERO DOWN options, CLICK HERE.

I'll Buy When Rats Drop

Here’s why that could be a costly mistake.

Home prices continue to rise as you wait due to a persistent supply shortage. Even if you secure a lower interest rate later, the higher purchase price could mean your monthly payment is still the same—or even higher—than it would have been if you bought now at a lower price.

Remember, while you can always refinance to a better rate, you can’t change the price you paid for your home. Don’t let today’s opportunity slip away. Home prices have increased substantially since 1942. Even through economic downturns in the economy. (see #3) ➡️

Home Values - Historical & Projected

Historically, home prices have appreciated over time, and with the current housing shortage showing no signs of easing, the longer you wait, the higher the cost will be. This includes not just the price of the home but also your down payment and closing costs, which are all likely to increase. (see #4) ➡️

Plus, when rates eventually drop, you can always refinance. By purchasing a home today, you're securing a lower acquisition cost. Imagine the surge of buyers entering the market when rates fall—this will likely trigger bidding wars and drive home prices even higher.

Don’t let the fear of higher mortgage rates hold you back—every day you wait could cost you more in the long run. Take control of your financial future and start building wealth through homeownership now.

Why Waiting to Buy a Home Could Cost You Big: Barbara Corcoran’s Key Insights

In this must-watch video, real estate mogul Barbara Corcoran shares her expert forecast on the housing market and why she believes now is the perfect time to buy. Corcoran warns that if interest rates drop, home prices are likely to soar, making your future purchase far more expensive. (see video #5) ➡️

She challenges the notion of waiting for lower rates, emphasizing that such a strategy could place you in competition with a crowded market, driving up prices even further.

If you have any questions or need more information, please don't hesitate to contact us. We're here to help you every step of the way!

Ready to start your home journey? Click here to submit your loan application today!

Michael Thayer


** Disclaimer **

The numbers and data presented here are subject to change daily or monthly. This information is provided for general discussion purposes only and does not constitute a formal quote or offer to extend credit. Don't hesitate to contact us directly for a personalized quote based on your financial situation.

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