2020 has been a challenging year. There has been a lot of heartache for many. However, it has prompted more people to re-evaluate the meaning of “home”. People are looking for a place that better suits their needs. A place where they can feel safe. A place they can call their own.

Are you currently renting and think that now is not a good time to buy? There are many reasons why buying now makes a ton of sense. According to CoreLogic, homes have appreciated 6.7% over the last twelve months. You may believe that renting is still the best thing to do but homeownership does lead to greater wealth for you. Homeowners have 40 times the net worth of renters. As a renter, you do not get to capture the wealth that comes from home appreciation. Tom Gil, a Harvard trained negotiator and real estate investor states, “Historically speaking, residential real estate has done better compared to other markets during and after recessions.” As a renter, you do not get to benefit from the equity gains generated by monthly mortgage payments which will become a forced savings for homeowners. When you rent, you are helping build your landlord’s equity and not your own.

Interest rates are at historic lows. This means that your monthly mortgage payment is more affordable than those who have purchased at a higher interest rate. It also means you can afford more than you would be able to at a higher interest rate.

What about the down payment? It is a common misconception that you need 20% for a down payment when buying a home. There are many low-down payment options available and we also offer $0 down programs.

Why shouldn’t you wait? Home prices are increasing and mortgage rates although currently at historic lows now are perhaps poised to begin rising. With our low payments and easy buying process along with our 100% HOME and resort-style amenities that each of our communities offer, Touchstone Living gives you more for your money.

Your future can be brighter. It is time to invest in yourself. You deserve a place to call your own. A place where you can find comfort, personal space and be at ease.

Go from renting to owning. Homeownership is Possible! Let us show you how.