How to Reach the Goal of Home Ownership
Does owning your own home feel like a pipe dream? Too many people are discouraged and overwhelmed by poor credit and other issues that make home ownership feel like dream. Ready for some GOOD NEWS? There’s HOPE!
While you may feel owning your own home is light years away, the reality is, you may be closer than you think. There are various programs out there to assist first time home buyers in Alaska…programs you may even qualify for!
But you'll never know if you don't take steps to find out.
Believe it or not, there are people on your side who want to help. People who specialize in helping you get a workable plan together making it possible to get out of debt more quickly.
My Favorite Realty in Palmer can refer you to good people who will help you, even if you don’t qualify for a loan at the moment. But keep this in mind: The upside is that a mortgage payment is typically less than paying rent…sometimes considerably less!
Here are a few things that impact your mortgage rate:
- What type of market are you in? (Anchorage is different than LA or Portland and different from the Mat-Su Valley or Kenai)
- Are the interest rates falling or rising?
- Do you want a fixed mortgage rate, where you will always know what your payment is going to be?
- What are your long-term goals? Do you plan to stay in your home for several years? Or do you intend to resell the property if you move away in the near future?
In closing, My Favorite Realty in Palmer is here to help! There are resources you may not know about that can get you headed in the right direction. We live here, too and invite you to come in and talk with us. We're authentic, honest and easy to work with. Give us a call at (907) 746-4663.
