The Hong Kong Mortgage Corporation Limited’s Post

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Are you interested in owning a home but feel it’s out of reach financially right now? Take a look at this opportunity: We have newly built homes priced under $560,000, each with an ADU (Accessory Dwelling Unit) that you can rent out for about $1,600 to $1,800 per month. This would leave you with a mortgage payment of roughly $1,800 to $2,000 a month. Of that payment, nearly $500 will go toward your principal in the first year. In Utah, homes have increased by an average of 11% annually over the past 5 years. Even conservatively estimating a 5% annual increase, you could build around $120,000 in equity over 5 years. Essentially, your home could end up generating about $500 a month in value. Given these figures, is renting for the next five years truly your best option? Reach out to learn how you can achieve home ownership—even if you have no down payment. Text me anytime at 801-919-5777. I’m here to help!

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A lot of wisdom in this article!

The Timing of Home Inspection Surprises is Controllable.    Pre-Listing Home Seller Inspections help home sellers, homebuyers, and their agents avoid home sale turmoil due to foundation drama.    Realtor® Pat Kapowich and retired Home Inspector Erick Chapman crack the code on foundation flaws and fixes. #RealEstateTips #ProactiveInspections #housingmarket #housingtrends