Believe it or not, buying a home or renting an apartment aren’t the only two options you have when it comes to finding a place of your own. Maybe buying a home and all the responsibilities that come with it isn’t the right move for you at the moment. Maybe you’re tired of renting and not being able to paint walls the color you want.
If you find yourself unhappy with either option of renting or buying a home, buying a condo might be for you!
Condos tend to be lower in price than even single-family homes. You get the benefit of independence when renting a condo but aren’t fully left responsible for repairs and maintenance mishaps. Owning a condo can also be a great way to build equity to help you put a down payment on your future home. For these reasons, owning a condo can be a great start on your journey to eventually owning your dream home. But it’s not always for everyone.
If you’re ready to move on from renting but not quite ready to buy a home, owning a condo might be the best option for you!
Get in touch with a team member today to start your journey towards owning your dream home (or condo)!
NMLS Consumer Access #150953
All Rights Reserved | Luminate Home Loans, Inc
Luminate Home Loans, Inc. a wholly owned subsidiary of Luminate Bank
NOTICE TO TEXAS CONSMERS: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.”