Say it: Renting is a ripoff and it makes me angry.
San Diego First time homebuyer down payment assistance programs are a Godsend for renters. The thought of throwing my money away every day to make my landlord richer just kept me up at night, it made me cringe. Every time I thought of it, changed my entire mood. If this is you, then you might have what it takes to persevere through the rigors of being a first-time homebuyer here in San Diego. If you pay about $1200 a month in rent for 5 years; that’s $72,000 down the drain. Stop and think guys. What if you put that towards your home? Of course it depends on your long term goals, but if you like San Diego and plan on being here a while renting makes almost no sense. With owning a home you have no spiraling rent costs because the price of a mortgage is fixed for the next 30 years. The San Diego first time homebuyer down payment assistance programs put someone else’s money in your pocket with no payments for 30 years. When you do pay its at 3%. If you buy in an appreciating market like right now, and invest the saved money from a downpayment that didn’t come out of your pocket, you make money on the equity and your portfolio. You jump way ahead in personal net worth. Renting long term is a complete ripoff comparitively. I’m happy to help you get started.
You have to be very determined and disciplined.
San Diego First time homebuyer down payment assistance programs are no joke.
San Diego First time homebuyer down payment assistance programs are no joke. Trust me, you have to have some very very strong desire to get through this process that is long and detailed, full of surprising tricks and turns, and will even present some very nice unexpected joys for you. For the most part you will not enjoy this process unless you really really really enjoy shopping people, shopping business partners, (oh yes, this is a business decision financially, don’t fool yourself) shopping houses and working very hard to get the best price for your dollar.
The process is long and hard. Be prepared.
My wife enjoyed the process and she enjoyed it immensely. Me, I hated every step of the process. I don’t know if it was my innate hatred of injustice or my seething hatred of the greediness that takes place among some real estate professionals in the city, or my ingrained competitive nature, but I got through the process and not to a small degree from the help of my wife Tam. Thank God for her. My wife Tam is actually the hero of our entire story but I will get to that later. If you decide San Diego First time homebuyer down payment assistance programs are for you then be ready mentally. You can reach either of us at (619) 886-1826.