Four Questions to Ask Before Choosing a Mortgage or Buying a Home

These four questions can help you make smarter mortgage and housing choices:

1. Why is it better to buy a home right now vs. renting a home?  Buying a home usually requires more upfront capital, more ongoing expenses and a longer term commitment.  Make sure to run the numbers with a certified professional to evaluate whether you'd be better off buying vs. renting.
2. How can I make sure this fits into my short-term and long-term budget?  Make sure to strategize with a certified professional and compare your options when it comes to:
   • Choosing a down payment amount and strategy
   • Choosing a monthly payment scenario
   • Choosing a price range for your new home
3. How will this financial decision impact other areas of my life?  Make sure to think through how your cash flow situation will impact:
   • Children’s college funding
   • Retirement planning
   • Taking care of elderly parents
   • Other large financial purchases or commitments
4. What mortgage and home buying strategy will result in less overall financial risk? The mortgage is most likely going to be your single-largest debt; and your home is most likely going to be your single largest investment. That’s why it's important to evaluate and compare your options with a Certified Mortgage Planning Specialist.

Contact me so we can get started!

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Aundrea Beach-Greco
NMLS Number: 333739 | CA-DBO 333739
CMG Financial | The Beach-Greco Team
Corporate NMLS Number: 1820
info@aundreabeach.com
http://www.ilendlasvegas.com
(702) 326-7866
8337 W. Sunset Road, Suite 300
Las Vegas, Nevada 89113