June 22, 2020 at 7:54am | Jack Lara
Are you tired of renting your chicken coop?  Want some home life freedom? 

Paying rent of $1,200 per month? What could you get in the way of ownership if you were to put that $1,200 into a home you own?

Homes for sale in Pensacola, Beulah, and Cantonment priced between $200,000 and $250,000 with 3+ bedrooms and 2+ bathrooms.

  • Mortgage Amount of $200,000 at a 3.5% interest rate for 30 years the principal and interest payment is $898.09
  • Mortgage Amount of $250,000 at a 3.5% interest rate for 30 years the principal and interest payment is $1,122.61
Whether you want to live in a fancy oversize chicken coop or something quaint that is low maintenance maybe it is time to look into owing.  

Factors to look at when considering the cost of home ownership:

  • Property tax
  • Home insurance 
  • Mortgage insurance if applicable
  • Down payment and closing cost assistance for a first time buyer
  • If you have not owned a home during the past 3 years you may qualify as a first time buyer
  • Down payment amount
  • Age of the home
  • Etc.
If you would like to talk about what is involved when buying a home give me a call or text at (850) 554-9543.  I can also put you in contact with inspectors, mortgage lender, insurance agent and a credit improvement counselor.

Jack Lara, Broker-Associate
BHGRE, Main Street Properties
1313 Creighton Rd
Pensacola, FL 32504

PensacolaAreaProperties.com


Joaquin Alberto Lara, LLC Better Homes and Gardens Real Estate, Main Street Properties
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