#BeginSomedayToday. That’s the message I like to give people who are thinking about buying. Start taking steps today. I believe home ownership is one of the best gifts a person can give to themselves. A home is a place that is all yours where you can kick back and be yourself while enjoying life with loved ones, but it also can be your greatest investment.
I bought a condo at 27 years old, a starter home next, and then a family home. I wasn’t market saavy. I didn’t have a detailed plan. I worked in retail. I was young and needed down payment help. I learned everything the hard way as a 20-something landlord when I rented my condo to three tenants. But I know two things for sure – I didn’t have to throw away years of rent, and I was a homeowner so no one could raise that rent. Rent or own, we are all paying a mortgage on an investment property. It’s just a matter of whose investment. Yours…or a landlord’s.
I hope my blog is thought-provoking and encouraging as you take steps toward your own ‘someday’ dreams. Always happy to answer new buyers’ questions. Being at square one is ok!
DO I NEED A REALTOR?
WHY WORK WITH ME?
Feel free to ask me for contact info of recent clients, my managers, or vendors who work with me. Ask them what kind of person I am. In our competitive market, I advise buyers wisely and negotiate fearlessly with the end goal in mind – get my clients the best deal with the best advantages. Seattle is the most competitive real estate market in the country right now, and I know what I do for my clients gives them financial wins and vetted resources they wouldn’t have alone. In a recent sale, in this bidding war filled market, I helped my buyers win in a multiple offer situation, with inspection, financing, title contingencies all in force, requested a seller-paid home warranty for them, renegotiated a 7K price drop after inspection, and closed right on time. That’s the kind of extra mile work not everyone does, especially if they are giving you discounts. I do full out service like this because I want my clients to win and believe in advocating strongly for their financial interests.
READY TO START?
HOW CAN I FIND OUT IF I CAN AFFORD IT?
Good realtors have long term relationships with good lenders. I can provide a list of those kinds of lenders so you can find out how much house you can afford. There are more loan and down payment options than buyers realize. Don’t assume you can’t afford to buy. Don’t assume you have to put down 20%. This past spring, 71% of first time buyers put down less than 20%. And 60% of first time buyers put down less than 6%.
Here are two graphics to illustrate an estimated bottom line for 10 yr and 20 yr Renting vs. Buying scenarios for a $369,000 condo vs. a $2100/mo apartment (2 BR/2BA, 10% down). Taking steps now, whether you buy this year, or need to work toward five years from now, is something you can’t afford to not consider.
Buying saves you approximately $157,980 over 10 yrs of renting.
Buying saves you approximately $468,812 over 20 years of renting.
Happy to answer any questions!
Look forward to buying you a coffee and hearing what ‘someday’ looks like for you.
With warmest regards,
Call | Txt: 425-246-9456
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