Appreciation on your home is where you build your net worth #appreciation #nerworth #homebuyers
6 months ago
4
Assuming an average Purchase Price of $250K and yearly appreciation of 4-7%, you’re losing $50K-87.5K in 5 years, plus the rent which instead could be going towards the principle loan on your home.
If you can find a home and it’s in your household budget to purchase, you need to start the “Appreciation Clock” asap.
Let me know if you need help finding the sweet spot when it comes to your monthly payment.
BuyWithMason.com
#BuyWithMason #amarillotexas
Correction, $12K x 5 = $60K in rent. 😅
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