There is a myriad of reasons why people choose to buy their first home. Not only is it part of the American dream. In most cases, it is a valuable investment and opportunity for financial growth. There comes a time in most people’s lives when the question becomes, “Does it make more sense to continue renting or buy my first home?”
Buy vs. Rent Comparison The chart below shows a cost comparison for a renter and a homeowner over a seven year period.
The renter starts out paying $800 per month with annual increases of 5 percent. The homeowner purchases a home for $110,000 and pays a monthly mortgage of $1,000. After six years, the homeowner’s payment is lower than the renter’s monthly payment. With the tax savings of homeownership, the homeowner’s payment is less than the rental payment after three years. This trend continues over time. Therefore, offering more savings year over year.
Team Emanuele was established in 2009 by Richard Emanuele. He hand picked a select group of Real Estate professionals that have made it their mission to consistently offer excellent service while helping buyer's and sellers with all of their Real Estate needs. They continue to be a top producing Real Estate firm throughout the Las Vegas Valley, Henderson, and North Las Vegas areas. We have the experience and expertise to help you with Probate Sales, Short Selling, Divorcee Sales, or listing a home that's in an equitable position. We work with first time home buyers, buyers looking relocate locally or from out of state, Investors who are buying and flipping or buying and holding,both residential,commercial and land development.
We are a full service Real Estate firm.
We look forward to earning your business. Are motto is " Expect Excellence"
As a Skye Canyon premiere agent let us introduce you to this new,
"The little voice in my head kept repeating my life-long mantra: "Every problem has a solution." But sometimes the answer is not the one we want. After being under water for nine years post-recession, and seeing no answer after an 18-month search, there it was -- my answer. This senior citizen was a happy guy!
One day on my car radio, Richard of Team Emanuele in Las Vegas was talking to me. "If you are have a property to sell, or you are under water and want to sell, call me. Piece of cake. No problem." He's using my mantra, I thought to myself. I pulled over to call the radio station and was informed that Rich would return my call within the hour, which he did.
Five months later, thanks to Richard at Team Emanuele, I just closed on my condo short sale. Everything was positive along my journey. No unreturned calls; no ignored emails. Gathering of documents was organized with their help. I was kept advised every step of the way. At closing, I was impressed when I received a very generous Seller's Relocation Check.
Thanks to Richard Emanuele and my new friends at Team Emanuele, problem solved. My prayers were answered. God works in mysterious ways. Never give up!