Hello South Florida, it’s cold today but never compared to the -19 degrees in Chicago, so thank God for our beautiful weather!
Buying or renting? That is the question everybody asks, well it depends on your current situation but there is no argument than buying a property is the best decision for any person. Many things are to be considered before buying a house like if you are planning to live in the area for a short period of time, but if you are planning to live in that area for a long time, it’s the moment to start thinking about buying, specially in South Florida where the prices go up everyday!
Renting is South Florida is almost a mortgage payment since even apartments are over $1,400 x month.
The benefits of Tax deductions are also a big influence in the decision of buying a house.
If you are thinking about buying, here are a couple of tips you should follow to get ready:
Miami-Dade County has a program where you can qualify for an assistance of $4,750 up to $7,000 for your down payment, ask your broker or realtor for more information.
Look around, search where you want to live and be realistic on the monthly mortgage payment that you can afford, you want a home to live happy, not a property that makes you unhappy.