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Home Buying | Xperience Real Estate Team | Keller Williams Realty Blog

Thursday, January 23, 2020   /   by Burnice Villanueva

Is Buying Better Than Renting?

Today I’m discussing the pros and cons of renting versus buying a home.

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Is buying a home better than renting one? Well, it depends. With the climate of our current economy, interest rates as low as they are, and good job security, we are often finding that yes, buying is better than renting right now.

If you’re currently renting and considering buying, yet you know you’ll be leaving the area in the next few years, it may or may not be the best idea to buy if you need built-up equity for that investment. Buying can be an excellent idea for much-needed security for your family. You can also turn that house into a rental property when you leave the area.

If you’re renting a property for $1,800 per month for three years, that’s $64,800 you would spend on rent. Your return on investment may just be that you had a place to live for three years. There’s no f ...

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  home buying

Thursday, September 19, 2019   /   by Burnice Villanueva

Staying on Course During Your Home Buying Process

Here are six tips to stay on course during the home buying process.

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So you’ve been pre-approved for a loan, you’ve found the home you’ve been searching for, and now you’re under contract—congratulations! However, the process is far from over. Here are some key tips on how to stay on course during the home buying process:

1. Don’t quit your job. If you’ve been forced to leave your job, immediately bring it to our attention. We’ll help you formulate a solution and a gameplan. During this process, stability is key, and having consistent, reliable employment is among the most important qualifying factors in the eyes of lenders.

2. Don’t buy or lease a vehicle. Every mortgage company performs what is called a ‘soft pull’ before closing, which is a basic inquiry into your financial debts and obligations. The escrow period is not ...

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  home buying

Xperience Real Estate Team | Keller Williams Realty
Heather Skow
1101 W River St. Ste. 370
Boise, ID 83702

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