Renting vs Buying a home in Lexington KY.
I can remember when I bought my first house in 2004. I was sooooo excited to get a loan with a 5.625% interest rate and it was the best deal ever for me. 9 years later I refinanced to 4%. I had been a renter for 30 years!!!!
So even though the rates are up a bit over 4% still is historically low. Lexington KY houses are now appreciating for equity and are still a great investment.
New construction is now in demand again. Check in on my website www.lizetterealty.com to set a listing alert to send you the Lexington KY homes you want as soon as they hit the market. It's a whole lot easier than searching yourself.
As a renter, you will be paying the highest rent in history because the landlord knows that some people with bad credit might be desperate. Your rent could be double or more what a mortgage payment would be. The landlord is renting to "make" money or he wouldn't bother renting to you.
The money you save by buying a house will be the best investment you can make right now for your future. Not sure how to start? Give me a call at 859-979-2834 and I can help guide you through the process. You can't afford to waste another day throwing away all your money as a renter.
Finding a new Kentucky home has never been so easy!
Just click on the links below.
Lizette Fitzpatrick - Principal Broker at Lizette Realty.
For more information on Lexington KY homes for sale. click on Lizette.us.
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Renting VS Buying A Home In Lexington KY