Renting can be more expensive than buying!

The big guys say were at the bottom! Prices and interest rates havent been this low since Wally and the Beav we in school!

Let's see, at 4% (current rates are a bit lower, but we'll use 4) $100,000 over 30 yrs = 477.42 + taxes and ins, you're payment will most likely be less than $1000/mo. Borrow 150,000 and pay 716.12 + taxes and ins. This link is to an amortization calculator. http://www.bankrate.com/calculators/mortgages/amortization-calculator.aspx?ec_id=m1102654&ef_id=i%40pPqQoL3XcAAEpC%3a20120521213252%3as Play with it and find your financial comfort zone before shopping.

 
Lenders are not a dime a dozen any more. Good lenders are even harder to find. You need to be preapproved to make an offer in SWFL. Collect up your last 4 weeks paystubs, your last 2 yrs W2s, your last 2 months bank statements and make the lender telephone call. After you call your lender, call me 781-799-7570. Having been in lending for over 10 yrs prior to selling real estate, I can help you prepare to buy. I know several different lenders with many programs.