Dawne Barrett

ATTENTION RENTERS: It actually can cost less money out of pocket to purchase than to move into a rental. The mortgage payment may also be less than the monthly mortgage payment.

SHORT-SIGHTED?

The latest version of Freddie Mac's Profile of Today's Renter & Homeowner released last month revealed that 82% of renters view renting as more affordable than homeownership. But the survey also showed that 34% of renters spend more than a third of their monthly household income on housing, compared to 25% of homeowners. Renters cited costs of getting into a home as reasons for their perceptions, suggesting education about mortgage qualification and requirements could help them budget and get in position to become homeowners.

Sources: National Association of Realtors®, Freddie Mac, CoreLogic

I’m working on a book for home sellers that shows them how to sell homes quickly for top dollar. I’m in the final stages of putting the book together and would love some feedback about which cover I should go with! The first copies should be available in a few weeks. Do you know anyone who is thinking about selling their home and would benefit from receiving a free book?