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Go Buy Your Own Home.

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  • 07.28.2014

Go Buy Your Own Home.

Author: Dragas Team


You've heard it time and time again, "for as much as you're paying in rent, you might as well buy your own home". There's nothing like the feeling of seeing a home you want, saving for it, and getting it. John Paulson is known as a an investment genius and hedge fund tycoon. When asked his opinion on the best investment one can make he replied--
"I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you're the owner-occupier of.”
He goes on to say--
"Today financing costs are extraordinarily low. You can get a 30-year mortgage somewhere around 4.5 percent. And if you put down, let's say, 10 percent and the house is up 5 percent, which is the latest data, then you would be up 50 percent on your investment" -Keeping Current Matters
With all of the different investment properties, stocks, bonds, and mutual funds out there to invest in, this mogul cited a home of your own as the best investment. Our advice, listen to the expert. With recent price reductions at King's Pointe at Western Branch, having a place to call your own is now more feasible than ever.

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