Buying a home is an investment in your future!
Self-made millionaire and author of “The Automatic Millionaire,” David Bach, writes, “as a renter, you will easily spend half a million dollars in rent over the years. For example, if you pay $1,500 a month, in thirty year you’ll have paid $540,000!!!”
In the end, what will you have to show for it? Nothing! Why make someone else wealthy?
Bach says the smartest investments he ever made have been the three homes he’s purchased. People, young adults in particular, aren’t taking advantage of owning and it’s a costly mistake.
“Homeowners on average are 38% wealthier than renters!”
Simply owning a home is like a savings account. As the prices of homes rise, your home will be worth more, making your home your greatest asset. It can be borrowed against; usually at lower rates and the money can be used for anything. Follow your dreams, purchase that car you’ve wanted since you were a kid or use the equity to help send your children to college.
Start building your future today! Let the Kawohl Team guide you through the pre-approval process so you’re ready for the spring market.
John and Chris Kawohl are realtors with RE/MAX Results in Woodbury, MN and are licensed in Minnesota and Wisconsin. We are always ready to talk or stop by your home and welcome any questions you have! Feel free to contact us at [email protected] or call us at 651-269-3308 or 651-343-8445. We are proud to make a donation to the Children’s Miracle Network with every transaction.
