The Expert Podcast

• Can You Afford a Home? Many people believe they can't afford to buy a home and have to continue renting. However, a recent survey revealed that 8 million renters could have bought a house with 30% of their income or less if they understood the math behind it.
• Misconceptions About Homeownership: Many people think homes are too expensive due to high prices and interest rates. They don't realize that by doing the math, they might find affordable homes in various markets. Owning a home could potentially offer more space, a yard for your pets, and a mortgage payment that is less than or similar to your rent.
• Advantages of Homeownership:
  • Fixed Payments: Once you buy a home, your mortgage payment is fixed and will not increase, unlike rent which can go up each year.
  • Building Equity: Part of your mortgage payment goes towards paying off your home and building equity, unlike rent which goes entirely to the landlord.
• Considerations of Owning a Home:
  • Maintenance Responsibilities: Unlike renting, you will need to handle repairs and maintenance yourself.
  • Stability vs. Flexibility: Owning a home offers stability and the chance to build roots in your community, but it can be harder to move compared to renting.
• Exploring Your Options: If you’re hesitant about buying a home due to financial concerns, consider reviewing the math and exploring affordable options. You can click the link below to find affordable homes and run mortgage payment calculations to compare with your current rent.
• Expert Consultations: For personalized advice, visit actualhuman.com for live one-on-one consultations with experts, including licensed private investigators, commercial insurance brokers, real estate title examiners, civil court mediators, and general contractors.
• Thank You for Watching: Don’t forget to check out the link below for expert advice and explore your options for homeownership.