Mary Ann Cadorna Broker-Owner, Sincerity Realty
“Can’t Buy Alone – Partner Up To Own!”
Joined Tenancy Say YES to buying a home with partners. Are you a non-owner-loner, well you aren’t alone, with today’s high interest rates, and inflated home prices it seems almost impossible to achieve homeownership. You have an opportunity with what I’ve coined Joined-Tenancy, making homeownership possible with home-buying partners. And so, if you can’t buy alone, partner up to own.
STOP, paying for your landlord’s rental property, and start paying for your home. You see, you’re paying for your landlord’s rental so that he can gain equity (increased property value) in owning his rental. In addition, he has 27.5 years of allowable depreciation, meanwhile, you struggle to pay the rent with yearly increased lament,
and at times pray he/she will fix what’s broken.
OWNING OFFERS: Owning a home offers stability with your monthly housing expenses, deductibility, and above all freedom from Landlords! That in itself is worth looking into finding a buying partner for home ownership. You see, the two most important reasons to buy a home are stability and equity and in today’s economic uncertainty, having a certain fixed monthly payment offers stability, and equity builds personal wealth that you can’t save enough or as fast as your home value increases because inflation outpaces you.
OWN YOU GAIN: When you own, you gain the same equity the landlord gains, except now you get to benefit from the increased value of your property. It’s a way to gain personal wealth. Just by owning the value of your home increases and so does your net worth. In addition to the deductible benefits, and providing you don’t touch your future equity, your fixed-rate loan gives you a stable fixed monthly payment. Unlike your rent, the fixed-rate mortgage payment will never go up that’s why they call it a fixed rate.
JOINED TENANCY: I’ve coined the phrase joined-tenancy which is when you “Can’t Buy Alone – Partner Up To Own!” I can show you how to partner up to own a home and no longer be a non-owner loner! In today’s real estate market, you’ve got to be creative, with the prices typically one person can’t afford to buy on their own. Solution, partner up with a family member or members, co-workers, business associates, and like-minded investors. Don’t think you can’t ask yourself how you can, and you change into the mindset of possibility. Contact me and let’s discuss the possibilities of joined-tenancy so you don’t have to be a non-owner loner!
Mary Ann Cadorna is inviting you to schedule a Zoom meeting, Call her at 628-888-9078
Email me MaryAnn@SincerityRealty.com
By Mary Ann Cadorna for Sincerity Realty all rights reserved.
Graphics, by Mary Ann Cadorna © June 12, 2024.
DISCLAIMER: The views expressed on this personal blog are solely the owner’s and not affiliated with any group or organization. Information provided is for informational purposes only, and accuracy is not guaranteed. The owner is not responsible for any errors or damages resulting from its use. This blog does not provide legal advice – please consult a professional for specific advice.