If you are not sure what you should be doing for your next place to live, then you have come to the right place. Many people ask themselves that big question … Should I rent or should I buy?
In my opinion it is an easy answer but for many, it is not. I met this great young couple this weekend. They are both in their early 20′s and are planning on getting married shortly. What surprised me the most was the fact that they were contemplating renting a house at first but they were also thinking long term at possibly buying a home. They came with great questions and after our meeting, buying a home was a better option for them.
For many young couples the thought of spending $200,000 or more on something can be quite overwhelming. I can certainly understand that but many of these young couples would not hesitate on spending $35,000 to $40,000 on a brand new vehicle. What do we hear so often after driving off the car lot? The beautiful, brand new and shinny car has just depreciated by $5,000 to $10,000 as soon as you drove off the lot.
When you purchase a home, more often that not your asset will appreciate in value over time. A vehicle … well I am not too sure but from my experience most vehicles (I think 99.9% of them) will not appreciate over time. So why is it that many people are so afraid of making the decision of buying a home. Is it because they are not sure who to talk to, or maybe not sure where to start?
Take some time to look around, ask questions and go see a Realtor before making such a life defining decision. You will be very happy you did, trust me.
If you would like more information about buying your first home or just want to meet for a quick, no pressure meeting, just give me a call at 613-614-3025 or you can always e-mail me at Jean@JeanRicher.com