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Posted by Melissa Lynn Galland on Dec 18, 2015 10:21:09 AM
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First comes love, then comes mortgage? Not in the 21st century. These days, you don’t have to wait for Mr. or Mrs. Right to begin planning to buy your first home. You can start building your happily ever after right now as a single working professional.

That’s right-- a custom home for single adults. Traditional is no longer the norm as homeownership for single millennials becomes more and more common.  It’s easier than ever to build a custom home. Still not sure if it’s right for you? We’ve compiled the following list to alleviate your concerns and put on the path to homeownership today.

Reasons Why Single Adults Should Buy Now

1. Buying Can Be Cheaper than Renting

Still repaying student loans? Why suffer with a high monthly rent bill too? Did you know that buying can be 40% cheaper than renting? Talk to one of our friendly mortgage professionals to find out how renting compares to owning for you.  After all, why spend hundreds more each month on someone else’s property when you could own your dream home for less?

For a helpful comparison, check out Trulia's Rent vs. Buy scale.

2. You’re Investing in Your Future

When you build a custom home, you’re looking to the future. Instead of putting your hard earned money every month into the ether, you can redirect it to building your own assets.

3. Take Advantage of Your High Credit Score

You have a good credit score. Did you know that owning a home may help you earn an even higher score? Building even better credit now may give you greater purchasing power later in life when it’s time to get married and have a family.

4. Increased Stability

If you rent, you’re at the mercy of rent fluctuations when it’s time to renew your contract. Either you pay the higher rent or you move on to somewhere more affordable. Who wants to deal with moving every 12 months?

Avoid the hassle. Buy a house and you can create a stable home for right now and for your future family.

5. Free Your Finances to Focus on the Future

With this major purchase out of the way, you’ll have the financial freedom down the road for other fun investments you might not even think are possible. Vacation home anyone?

 

The Easy Path to Homeownership

Just by being here, you’ve taken the first step towards homeownership. That was easy, and so is building your own home. Now, let’s continue down the path by setting up a no-pressure time to chat.
Visit a sales center today to learn more about buying your own home as a single professional.