Inspirational quote(s) from this episode:
“Buying a home is one of the largest investments that most people in the world will ever make, and it's also an emotional one.”
“Homeownership creates a sense of security and belonging in a community knowing that you have a piece of the neighborhood that's all your own.”
"Every time you put the key in the door and you unlock that door you are walking into something that reminds you of all of your effort your hard work that went into obtaining that home in the first place."
“Real estate is one of the safest investments that you can make long term.”
In this episode, SaCola shares:
The benefits of owning a home
How owning a home can build your wealth
Questions to ask yourself to know if you are ready to buy a home
Questions to ask yourself:
Are you ready to stop renting and buy a home?
Are you ready to put down roots?
Do you desire more privacy at home?
Are you content with your job?
Is my debt-to-income ratio in a healthy place?
Is there a need or desire to buy a home?
[00:00:41] Benefits of Home Ownership
[00:07:35] Financial Benefits of Home Ownership
[00:11:17] Impact of Home Ownership
[00:12:25] Are you ready to stop renting and buying a home?
[00:13:30] Content with your job and debt income ratio
[00:14:35] Contact the host for help with home ownership
_______
SaCola Lehr, NC Real Estate Broker
JPAR Legacy Group
Links and Resources:
Connect with SaCola: https://workitliveitownit.com/
Follow SaCola on Facebook: https://www.facebook.com/workitliveitownit
Follow SaCola on Instagram: https://www.instagram.com/workitliveitownit/
Subscribe to Work it, Live it, Own it! On YouTube: https://bit.ly/2lxB1TS
Read more about SaCola’s real estate story: https://bit.ly/40T3dnt
Check out the Homebuyers Guide: https://bit.ly/3VoOGi5
Check out the Sell Your Home Guide: https://bit.ly/3NuHP58
Topic: Sources mentioned in the podcast episode
Yahoo Finance: 00:01:05
National Association of Realtors: 00:04:06
Federal Reserve Survey of Consumer Finances: 00:07:06
Joint Center of Housing Studies of Harvard University: 00:10:08
National Association of Home Builders: 00:10:28