The thought of the long term commitment of a mortgage can of course be frightening, but if you're renting, in many ways you're already paying what amounts to a mortgage.
Problem is, you are building the equity of your landlord every time you pay your rent.
And consider this - if you stay in the home you buy for more than ten years, you could literally save yourself hundreds of thousands of dollars, bearing in mind current interest rates and property value appreciation levels.
Still need to be convinced? Well click here and punch in some likely figures into Trulia's Rent vs. Buy calculator and you'll very graphically see how, in most situations, renting is definitely not the option of choice.
Remember also that the general trend for shrinking rental inventory means that landlords can be more confident in pushing up rents. A fixed rate mortgage means that those unpredictable future problems simply don't apply when you own your own home.
There are a whole range of other benefits in home ownership. You can customize and decorate the home to your specification, have the pets you want and so on.
Bear in mind too that, depending on your individual circumstances and desired location, there are a whole range of programs designed to make the leap to buying a home as painless and inexpensive as possible.
Please call us today. We'd be delighted to explore your options with you.