It's an exciting new world for first time homebuyers, once they've moved in and start enjoying huge tax breaks and painting their walls colors that they like. Usually the landscaping, often not very nice, and never a concern for tenants in a rented house, becomes a beautiful garden as the new owners spend time at the local nursery or Home Depot equivalent. Many first time homeowners sucddenly realize that they are now responsible for having to repair and maintain everything around the home, and pay property taxes while doing so. But, the feeling of security in owning your own home is like nothing one can experience in a rental, paying someone else's mortgage by paying rent every month.
James Melton, Realtor & Mortgage Broker, CA DRE Broker #01222353, NMLS #300133
President, Victory Mortgage & Real Estate Home Loans & Sales Since 1979, NMLS #366399
2901 W. PCH, Suite 200, Newport Beach, CA 92663
cell(714)318-4664, phone(949)939-9676 or (714)374-0022, fax(714)844-9094