Michael Klacik's blog

Buying Is Cheaper Than Renting . . . So Why Are You Still Renting?

It has been cheaper to own a home than rent one for a long time in the Greater Youngstown/Warren Metro Area.  Why?  Low interest rates coupled with being The Most Affordable Housing Market in the World.  

Yes, you will end up spending more money over the course of time on repairs, improvements, and other things that you will want to do, and then there's lawn maintenance and regular home repairs, which means it's more work.  But . . . you own your home, you are free to decorate it the way you want, plant whatever you want . . . and the list goes on.  How about making your money work for you instead of for your landlord!  

BE SMART: Get the NEW "Know Before You Owe" Tool Kit

The Consumer Financial Protection Bureau debuted a new tool kit to help you be a smarter mortgage shopper.

The updated tool kit includes interactive worksheets and checklists to help you, the home buyer, understand the costs of a real estate transaction.  It defines what affordability could mean to you, and provides tips on how to shop for the best mortgage.

“This tool kit is a great resource for consumers navigating the homebuying process, and will help consumers make well-informed decisions about the biggest financial transaction of their life,” says CFPB Director Richard Cordray. 

To get your tool kit, visit the CFPB Website.

Wishing You A Wonderful Holiday Weekend!