Pierpont Bay Realty
3639 Harbor Blvd. Suite #104
Ventura, CA 93001
Office Phone: (805) 901-0195
Fax: (805) 765-4977
Should You Buy or Rent a Home?
Is home ownership the right path for you? Should you rent instead? If you rent will you be jeopardizing the possibility of home ownership in the future due to rising real estate values? How fast will your family grow and how much space is needed for your family and their activities? How much money do you have to pay for housing? When is the best time to buy a house?
With the rising cost of home ownership in America today, combined with low mortgage rates, many first time buyers are challenged by the answers to these questions.
Buying and owning your own home is more complicated than just having the money for the down payment and monthly mortgage payments. Owning a home requires a tremendous commitment of funds, time, and attention. For some people, owning is not the best or only way to have a comfortable and safe living environment.
The following topics should help make your decision a little easier.
Because of rising prices and increased housing-related expenses, the old rule-of-thumb on how much to pay for a home no longer applies. For the best advice on what type of loans are available and what to apply for, speak with a professional mortgage agent.