Buying a home with a mortgage
Buying a home with a mortgage is the most expensive aspect of owning a home, making it imperative to purchase as many home equity lines of credit as possible. When you buy a home, you need title insurance.
10% of renters in Baltimore, Maryland reported having a debt that rose above their monthly rent
40% of renters in Baltimore have a credit card debt
56% of renters in Baltimore have a car loan
62% of renters in Baltimore report that they are actively trying to reduce debt
31% of Baltimore homeowners are on the verge of foreclosure
1% of Baltimore homeowners reported spending money on an emergency in the past 3 months that they didn’t intend
67% of homeowners in Baltimore said that they prefer to keep their homes
More than half of homeowners in Baltimore plan to make annual improvements to their home, rather than leave their home as is
6% of homeowners in Baltimore say they will retire after the purchase
The bottom line is that, as a renter, it is incredibly important to keep your house in good repair, with a proper home inspection, and receive all the necessary servicing for your home. Invest in a solid long term financial plan, and don’t miss out on the many benefits of owning a home.
How Do I Know If My Rent Is Too High?
Whether you rent or own a home, we want you to be comfortable in your current situation, and take a step back to assess your situation before looking to make any major financial adjustments. We are here to provide you with the guidance you need, so you can make decisions that
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