Why spending $884+ on rent is a no-no.
Let's get down to the nitty-gritty.
Why are you spending SO much money a month on rent and getting nothing in return?
There are pros and cons to renting, but The New York Times put out a great breakdown, and a calculator that makes it easy to know when NOT to rent. What I love about this article is the BOLD number they came up with: If you can rent an amazing house for $884/mo, then rent. If not, then it's time to buy.
Our team has spent over a total of 30 years (all together) helping our Central Florida residents purchase homes. In that time we have found that it's almost always better to buy than it is to rent. Even if someone only has $1,000 to their name we are still able to put them in a house they can call their own.
The Todd Schroth Real Estate Team has one of the easiest tools in the industry when it comes to finding homes. Our search engine pulls the latest properties from the MLS so you can see if there's something out there for you. Once you find a house that works the fun begins!
If you simply believe you're NOT in the right financial state to purchase a property right now- take a look at our Lease with Option to Purchase program. This may be the best fit for you!
Keep us in mind the next time you make your rent payment. We're only a phone call away to get you started on your home search!