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Who's building equity on your rent?

Sep. 7, 2009

Who's building equity on your rent?  I have a little money question for you.  If you could put several hundred dollars a month into a savings account right now, on your current salary, without changing the way you live, would you?

Well, who wouldn't want to tuck away several hundred dollars a month?

Then here's something to consider.  You are basically doing that right now, only the savings are going into someone else's account.  It's called equity-and your landlord is getting it all.  In time his mortgage will be paid off and he will be making pure profit on your rent.  When that day comes you will still be exactly where you are today-owing rent.

Don't you think it's time you looked into buying your own home?  Really, you have to live somewhere!  You could be paying off your own mortgage right now instead of pouring money into someone else's.

The time is ripe with interest rates at historic lows and an $8,000 first time homeowner's tax incentive.

Remember EQUITY is just short for SAVINGS ACCOUNT.  Contact  The Cash Team today for all your Clarksville TN Real Estate needs.  Pam and I can help you get yours started sooner than you think.  Call us at 931-338-1375 or click here, www.cashsofclarksville.com  to find some great first-time homebuyers' news on my Web site.

Regards

Tim and Pam Cash
Crye-Leike Realtors
931-338-1375 or 931-436-7617


The Cash Team - Making dreams come true one home at a time. Proudly serving the citizens of Clarksville and the Soldiers of Fort Campbell. To view available Clarksville properties, please visit our website at www.cashsofclarksville.com or email us at thecashteam@cashsofclarksville.comand we will run a custom search for you. Finding you and yours the perfect property in Clarksville Tennessee and surrounding areas is our goal.

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