• Greater Binghamton Office
    (607) 757 2100
  • Penn Yan Office
    (315) 536 7456

mortgage

Home Owning Intensive: Why to Buy

Are you thinking of buying a home? Do you sometimes find yourself adrift at sea oscillating between that dream and keeping your roommate forever because just maybe renting is ultimately easier than buying? Think again. What are the benefits of buying a home, you ask? Immediate membership perks include:

    • Pride of ownership
    • Privacy
    • Stability
    • Mortgage deduction on taxes
    • An opportunity to build wealth and equity

If any of this sounds enticing, you’re in the right place. The “rent vs. buy” debate most twenty and thirtysomethings have during their Bloody Mary-infused brunches is inevitable. If you haven’t been there, the day is fast approaching. So, in between nibbling on some pickled olives and dreading the return to your roommate-infested apartment, consider the following perks of packing up and moving into a place that’s yours and yours alone.

Buying a home is an opportunity to build equity.

How to Build A Winning Home Buying Team

Buying a home is a huge milestone – especially if you are buying for your first time.
Although buying a home is exciting, there is a lot to keep track of and manage. It’s imperative to have a solid team behind you. Aside from having an excellent real estate agent to guide you through showings and the closing process, there are other essential people that you should have on deck.

Meet your home buying team:

1. Real estate agent:Your agent will help you research the homes that cater to your needs, negotiate with the seller, and help you find the rest of your home buying team.

Credit Score Fundamentals

A credit score may only be three digits, but that number is a big deal—it can sometimes determine the course of your life. From a lender’s perspective, your credit score indicates how likely you are to repay debts in a timely manner. Keep these quick tips in mind to get ahead of the game and establish and preserve good credit.