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Shayne Stone

Champions Real Estate Group

Shayne Stone's Fort Bend County Real Estate Blog

I've been in some form of real estate since my early days! And now with all my expertise, I can enjoy helping those that want to either purchase / sell their first home or investment properties...

Call or Text 832-930-4587

Don't Let The Investor Beat You To Home Buying

November 1st, 2016

Attention First-Time Home Buyers!

There is a reason why Investors are buying houses under $150,000 quickly today...

Main reason is they are looking to rent them to you. And here's why, on average the rental is 1% of the value of house.

So on a $150,000 value house - the rent would be $1,500 a month, that's $18,000 income to the landlord. 

And guess what - they know you will stay along time at the property, especially in nice neghborhoods. On average the renters are staying between 2-6 years!!!

Let's assume that the investor didn't pay CASH. But instead purchase the house as a normal buyer at today's rates & terms.

With only 3.5% Cash Down and at Interest Rate of 4.5%

Their monthly mortgage payment would only be $691.06 - that leaves $808.94 from $1500 (add taxes & insurance of roughly $350/month) that still leaves $458.94.


Don't let the Investors purchase the home your WANT!!!

Let me show you how to become a Homeowner for less than your paying for RENT...

The BEST part of being a Homeowner, is that your building your Financial Future for you & your FAMILY...


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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®
Champions Real Estate Group
1600 Highway 6 South #180, Sugar Land, TX 77478   Get Directions
Phone: (713) 785-6666
Fax: (713) 785-6631