UtahCreditCoach uses a unique software program we call "Home Sweet Home." The program guides you, step by step through the process, coaching you to reach your credit goals. Once you are enrolled, you are able to log into the system, anytime, anywhere and work towards improving your credit scores. REGISTER HERE FOR A FREE, PRIVATE CONSULTATION!
Many of you might not know that in addition to doing home mortgage loans, I also own and co-manage about 100 rental units in Salt Lake City, Utah. Over the last 6 months we have gone from 15% plus vacancy to ZERO vacancies as I write this article. Guess what is going through my mind, guess what is going through every landlord and apartment manager in the city’s mind? You guessed it, we’re raising rents. You see inflation is upon us and the first thing that goes up is rent! Compare that to a homeowner who has a 30 year fixed mortgage rate at 5% or less. Guess what happens to him when inflation comes… Nothing! His or her rate is fixed and their payment CAN’T go up.
If you are employed and have reasonable credit, renting right now makes little sense for several reasons.
Are you just plain tired! Tired of bad credit! Tired of low credit scores! Tired of not knowing what steps to take? We have the answer!!! Try us out, proven results, our system removes all the guess work and gives you a detailed plan of what to do and why.
Want to buy a home or refinance your current mortgage? Think twice about how you shop this holiday season.
OK everyone. Stop what you’re doing and think again. Before you head out for Black Fridays “deals” or cyber Saturday’s online deals make sure you have the cash to purchase everything and a list to stick to. You may ruin your credit score and any loan or refinance you have in the works if you raise your debt ratios or open a store card. That store card and its “10% off” may be the difference between owning your dream home and continuing to rent.
Incredible!!! Roughly a $98,000 savings when you buy a home vs. continuing to rent
The following breakdown is based on monthly rent of 1200/m0nth with 40/m0nth in renters insurance vs. home purchase price of 225,000 interest rate 4%, 30 year loan, home owners insurance of 400/year and property taxes of 1500/year.
Something to think about, so if you feel that renting gives you freedom, you seem to be paying a lot of money for that freedom.
If you are unsure if you would even qualify for a loan? Ready to move forward and get going on buying a home? Need to refinance? Check us out www.UtahCreditCoach.com You would be amazed at what we can do. Why wait, you’re just flushing money down the drain.
Many of you might not know that in addition to doing home mortgage loans, I also own and co-manage about 100 rental units in Salt Lake City, Utah. Over the last 6 months we have gone from 15% plus vacancy to ZERO vacancies as I write this article. Guess what is going through my mind, guess what is going through every landlord and apartment manager in the city’s mind? You guessed it, we’re raising rents. You see inflation is upon us and the first thing that goes up is rent! Compare that to a homeowner who has a 30 year fixed mortgage rate at 5% or less. Guess what happens to him when inflation comes… Nothing! His or her rate is fixed and their payment CAN’T go up.
