Biggest problem right now for first time home buyers is interest rates and monthly payment. Right now monthly payment is roughly 2200-2500. And that's for high 250's possibly low 300's . After all insurance and fees. That's what causing people not to buy. There's plenty of programs to buy. But how am I supposed to afford an extra 1k -1500 a month to buy a house when I can rent for 12-1600.
All of the mortgage interest, property tax, and insurance money is money that is just gone as well, just like the rent paid to the landlord. In my situation, I would pay as much in these cost per month as I do for rent. The extra cash that would go to house equity , I can put towards other investments.n. Let's connect my man, I have a law firm in East Charlotte.
Im looking to relocate but it seams like the more i look at homes the harder it gets.... lol love this video!! Very informative!
Biggest problem right now for first time home buyers is interest rates and monthly payment. Right now monthly payment is roughly 2200-2500. And that's for high 250's possibly low 300's . After all insurance and fees. That's what causing people not to buy. There's plenty of programs to buy. But how am I supposed to afford an extra 1k -1500 a month to buy a house when I can rent for 12-1600.
You have kids? Cause 12-1600 is for a One-two bedroom in the charlotte area! Rents is the same as a mortgage right now with a 3-5 bedroom houses..
All of the mortgage interest, property tax, and insurance money is money that is just gone as well, just like the rent paid to the landlord. In my situation, I would pay as much in these cost per month as I do for rent. The extra cash that would go to house equity , I can put towards other investments.n. Let's connect my man, I have a law firm in East Charlotte.
I think family getting along moving in together to save money is not a bad idea right now. Times are different and inflation done killed us all.
I’m seeing it a lot more!!
Never ever would we get 4 bed 2.5 bath for less than 300k no more ......
Lets connect and discuss. I would like to have a luxury bnb uptown charlotte. A nice condo or something.
Hey Daniel shoot me a text at (704) 340-3822
I was born in 1999....... You cant get ANYTHING for 145k anymore. Not even a manifactured home....
It’s crazy right