Still Renting? Owning Has Benefits.

Owning a home is a big step towards financial stability over time. Your hard-earned dollars could make their way back to you – rather than to a landlord. As a homeowner, you’ll start building equity.

What is equity? In short, it’s the portion of the property that you actually “own” which grows as you pay off your loan.

Showing that you can manage your day-to-day finances and save money is important when it comes to applying for a mortgage. In most cases, you’ll need to make a downpayment of at least 3.5% of the purchase price for an FHA loan all the way up to 20% for a conventional loan. If you haven’t been saving, start doing so right away to build up your home buying fund.

Costs will typically include your monthly mortgage, property taxes, potential HOA fees, mortgage insurance and any fees associated with the home buying process and upkeep of your home.

Call a lender, like McKenzie! Having a good understanding of your finances before taking the leap into the home searching process can pay off in big ways.

You and your lender will carefully review your income and credit report before you begin your home search – providing you with an accurate loan approval amount from the start. This means you can limit your search to only see homes that fall within your actual budget – avoiding the temptation of homes that cost too much.

Call McKenzie and Heidi today! They are ready to get to work for you and make your home-owning dreams a reality.

Heidi Amirault – 704.909.9909

McKenzie Cochran – 706.832.3061

 

Just Listed 608 Cambridge Road!

Don’t miss this opportunity to own this beautiful three bedroom, two bathroom home in the family-oriented Brynwood neighborhood! This delightful home features original hardwood floors, and recently renovated bathrooms and kitchen. Owners are willing to give up to $2,500 for you to purchase appliances. This fantastic home could be yours for only $169,900.

Come to the Open House on September 17, 2017, from 2:00pm to 4:00pm or contact Jamey Dansby for more information!


Jamey Dansby


Jamey Dansby is your Brynwood neighborhood real estate specialist! He has lived in Augusta for over 30 years and can tell you everything about not only Brynwood but all the neighborhoods around it. He knows exactly what it takes to sell a Brynwood home in this market and will make sure yours goes for top dollar! Give him a call today to learn more.

Office: 706.723.9572

Cell: 706.830.1125

Email: Jamey.Dansby@rexgroup.com