The photos below speak volumes. Renting in the DC Metro Area is getting more and more expensive. You could be saving over $250 per month with a mortgage instead of renting a 3 Bedroom, 2 Bath home with a finished basement in Lanham, MD.


For Rent in Lanham MD
$1,850 per month plus utilities
3 Bedrooms, 2 Full Baths
Finished Basement


Just Sold in March 2016 for $268,000
Est. $1,300-$1,675 per month depending on mortgage program (see chart below)
3 Bedrooms, 2 Full Baths
Finished Basement

This handy calculator shows that if you stayed in your home for only 3 years, purchasing becomes more affordable. That's $22,200 of your hard earned money you would never see again that is going to a landlord! That's mortgage interest tax deductions you won't receive when you file your taxes in 2017 (which are biggest in the first few years of home ownership). 

After only 3 years it becomes cheaper to be a homeowner in Lanham MD!

Now is the perfect time to pursue home ownership. I have lenders who offer you solutions that fit your mortgage needs, be it down payment assistance, 100% financing, 580 credit approval, or something else you may think is a roadblock to you owning a home. Asking only gives you a plan, so give me a call today. Let's chat real estate!

 

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Lanham MD Homes for Sale - Genna Fleming, REALTOR® at EXIT ELITE REALTY
You now have free access to my Real Estate Search Engine! I am your local real estate expert with the knowledge and experience to deliver the unsurpassed service you deserve. Local Specialties: Upper Marlboro, Lanham, Lothian, Edgewater, Annapolis, & Dunkirk. Call Genna Fleming at (443) 532-8917 or follow my real estate adventures on Instagram @realestateaskgenna