8013 Park Haven: Renting vs Buying

Many people renting a home question if they are throwing their money away month after month by not buying a home of their own.  First time home buyers are often shocked to learn that they could own their own home for less than what they are paying in rent right around the corner from their current residence. 

Take 8013 Park Haven for example, this home is listed at only $149,000.00.  I asked our preferred lender, Coastal Lending Group, if a first time home buyer is puts 3.5% down on a 30 year fixed mortgage, wha’ts their estimated monthly payment. Jon Vitak of Coastal Lending Group, responded that it would cost is less than $1100.00 a month.  This makes buying a smart move especially when comparable rentals in the area run from $1,200.00 to $1,500.00 per month.  Ask yourself: Why am I waiting to buy?

8013 Park Haven sits directly park side in a quiet Dundalk neighborhood in Baltimore CountyIt features 2 bedrooms, 2 full bathrooms, brand new stainless steel appliances, and new roof.  This well maintained and affordable row home is the perfect starter house for first time home buyer or family. See below for some property photos. I help a lot of first time home buyers get into thier new home. If you’d like help, please contact me!

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