RENTING YEAR AFTER YEAR COSTS MONEY YOU COULD BE PUTTING INTO BUYING A HOME IN CAPTIVA
For many home, ownership may seem completely unobtainable. For them renting is a constant cycle that they never seem to be able to stop. As much as they would like to stop renting in Captiva, it does not seem possible. Of course, the landscape for renting has changed. Limited supply and massive inflation have caused rental properties in Captiva to become prohibitively expensive.
According to Rent Cafe the average cost of a rental in the Cape Coral area, in which Captiva is located, is over $1,900. That means that renting is probably no longer the cheaper option. Accordingly, that sky high monthly rental fee is going to be five figures by the end of your first year of renting. That means if you do not stop renting in Captiva, you could easily have to shell out over $20,000 to pay the mortgage on someone else’s property!
Why build someone else’s wealth when you could be building your own? Imagine if you were finally able to stop renting in Captiva and buy a home. No more dealing with landlords, no more restrictions on what you can do with your living space. No more loud neighbors or maintenance issues.
Areas of Florida like Captiva are growing. Homes have appreciated significantly. In fact, Redfin.com shows that homes in Captiva have appreciated over 700% in the past year. And that rate of appreciation could continue to increase. Plus, only a small percentage of houses and apartments are even available to rent.
IS NOW THE TIME TO BUY A HOME IN CAPTIVA?
If you thought of buying a couple of years ago, you’re probably kicking yourself now because of how much markets can go up in just a matter of months. Don’t wait long to get your own home.
Timing the market is something that people often talk about but no one can actually do it because no one can see the future. What you can see, though, is how your quality of life increases and your peace of mind returns when you stop renting.
Don’t ask whether now is the time to buy, ask yourself if you really want to keep throwing money into the bottomless pit of renting.
FIND OUT HOW TO FINALLY STOP RENTING AND OWN YOUR HOME
There are good real estate agents in Captiva and across Florida who love getting renters into homes of their own. And Your Home Sold Guaranteed Realty – Vasbinder International is working to help you reach your home buying goals.
A free special report called, “How To Stop Paying Rent and Own Your Own Home” will give you valuable information answering questions like:
- How much do you really need to pay down?
- Are there ways to get lender help?
- What is seller financing?
- Is it possible to buy with bad credit?
Buying a home in Captiva doesn’t have to be a pipe dream. You, like many other proud homeowners, can make it happen. Get your free report and begin planning your future!