Why Are You Renting?
Are You Renting…Why?
As Realtors®/Owners of Ocean and Land Realty, California BRE #01961327, and professionals with over 12 years of experience in real estate, we can’t understand why you want to give landlords your hard earned money each month, in lieu of paying it towards a mortgage, building equity and appreciation. We are here to help you increase your wealth!
- If you’ve been paying $1,000.00 per month for 24 months you’ve paid $24,000.00 to the landlord.
- If you’ve been paying $2,500.00 per month for 24 months you’ve paid $60,000.00 to the landlord and have nothing to show for it.
Benefits of Owning Verses Renting:
- At 4% fixed interest rate, a $ 954.83 a month mortgage payment for 360 months will get you a $200,000 loan.
- At 4% fixed interest rate, a $ 2,506.43 a month mortgage payment for 360 months will get you a $525,000 loan.
- Your payment will not increase.
- You don’t for the most part need permission to do upgrades (HOAs may require permissions).
- Your interest paid to the mortgage company as of today, will be tax deductible.
- You have the space that you’ve purchased to store your vehicle and belongings.
- You have paid towards the mortgage reduction and you own the home.
Call Rich and DelAnn Lozzi today at 949 525 3626/3766 to get started on increasing your real estate wealth for now and in the future.