September 2018

The numbers above don't take into consideration rising rent costs over time. When you buy you lock in your cost basis, and begin to reduce the balance of your loan with each passing month. For most people, every year you put off buying, is one more year you'll have to work to pay off a home before you retire. I think we all can agree that time is the one fixed parameter in life, that you can't redo, and that makes every year an important year for paying off your home before your retirement.

People often wonder why so many choose to build a new home versus trying to find an acceptable and often lower cost preowned home. It all comes down to you and what you're trying to accomplish. If you want to control your location, floorplan, lot consideration, colors, and upgrades, etc., then you're a new home buyer. If your number one goal is keeping your cost lower, then a pre-owned home is going to score high for you. However, the process of selling one home and buying another is anything but easy unless you have a clear vision of what lies ahead.

Your options when both Selling and Buying a new home in Dallas Fort Worth

When you must sell your current home first to obtain mortgage financing approval, here are your logistical planning choices to