Real Estate Source Florida

With rent prices going up 8-10% annually in some markets now is the time to buy a home. The qualifications are very similar when it comes to renting and buying most property management companies nowadays require 3x the rent amount in verifiable income to prove that you can afford to pay for the rent in the property that you’re living at. For instance if the home is renting for $2500 a month you need to show $7500 income. That’s $90,000 a year depending on your debt to income ratio you could qualify for a home at $350,000 also they will do a credit checks most companies require 640 credit or above. The time is now feel free to call me or DM for a free consultation.

Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] | Keeping Current Matters Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directl...

House prices surge by more than 13% in June compared to last year — Daily Mail The average house price across the UK in June was £245,432, Nationwide Building Society said. Prices were up by 0.7 per cent month-on-month, following a 1.7 per cent increase in May.