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Marie Greene

Roanoke, Virginia
Real Estate Broker
540-798-5471
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Why Rent When You Can Own

 

 

Can You Afford NOT to Buy a Home?

Waiting to buy could cost you hundreds of dollars a year. Plus, you will not have anything to show for your rent money.

Example:  If your rent is $850 a month that adds up to $10,200 a year you give the landlord.

Let’s look at the figures:
$850 rent equals approximately a $130,000 house at 4.5% with a principal and interest payment of $658.  add to that $192 for taxes, insurance and PMI. 

If you wait and the rates go up to 5.5%  you only can only buy a $116,000 home with the reserves of $192 for taxes, insurance and PMI. 

*These figures are approximate and may be higher or lower depending on insurance, taxes and the type loan and private mortgage insurance.

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Realtor®, Licensed in Virginia


Marie Greene
Realtor, Licensed in Virginia

Roanoke, VA 24012
Phone: 540-798-5471
Email: realtormarie@live.com

Testimonials

Thanks for all your help in making our "dream home" a reality. We really appreciated that you went the extra mile to get us the best price for our home. You are truly a professional. John and Rhonda Robinson
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