Don’t Rent, Spend Your Income On An Affordable Home

Spending Your Income On An Affordable San Antonio Home makes more sense than Renting Don’t rent Don’t wait to buy! Why? Because spending 17% of your annual San Antonio income on owning a home makes a lot more sense than spending 21%! In 2012 the annualized median rent was $9600 versus $7,536.32 for owning a home. Today you can get a fixed rate conventional loan at or below 4.5% and still have over $2,000 to buy furniture! Here are the three main reasons why individuals continue to rent: Don’t have the down payment, Low credit scores, High debt. While in… Read More