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Information for Families
While I am a broker and a landlord, I always encourage families to buy instead of rent. The reason for this is to help them escape the dreaded "renter's trap." This refers to a family pouring money month after month into renting a home, while acquiring nothing in return. Many families feel they are stuck in this unfortunate situation, because they can't afford to actually buy the home they want. This is where HUD Foreclosures come in. Since homes can be acquired well below market value, HUD Foreclosures allow nearly everyone to achieve the dream of homeownership.
Another important consideration when preparing to buy a home is finding a bank that offers a fair mortgage rate, with no hidden strings attached. My experience in the business has allowed me to make excellent connections with reliable and trustworthy lenders. This allows me to ensure that my clients can find a fair mortgage plan that fits their budget.
Over the course of my 30+ years in the real estate business, I have helped countless families buy their first home. Many didn't believe they could afford to buy a home until I showed them what a good value buying a HUD Foreclosure really was. If you would like to discuss purchasing a home in more detail, please contact me to schedule an appointment.