What are the benefits of owning real estate?
Some major benefits include: · an incredible return on investment, · lowered taxation, · equity preservation, · security of owning your own piece of the world, · the ability to pass along property to future generations. For first-time buyers, buying a home means paying rent to yourself while preserving your initial investment. For investors, buying real estate is a form of retirement planning or a diversified investment plan. At Members Mortgage Corp., we work to understand your needs and tailor a purchase strategy that meets your short or long-term goals. What is mortgage pre-approval and why is it important? Before you know how much you can afford to spend on a new home, you need to consult with a mortgage broker. The next critical step is meeting with your mortgage broker to discuss your income and debt amounts to help you determine an affordable price range and a monthly mortgage payment. We recommend that you determine how much you can manage to spend before you consider purchasin
