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Writer's pictureThe Plummer's

Vision Real Estate Chronicles

Updated: Oct 10, 2023

Our belief is very simple. The best time to buy, is when you can buy!



When Should you Buy a Home?


Buy, when you can Buy!

If you're considering a relocation and have been a homeowner for at least five years, it's a straightforward decision. It's time to put your money to work for you. Purchasing a property at a price of $200,000 would result in an approximate monthly payment of $1,500.


Let's take a scenario where your home appreciates in value by 3% annually, in addition to making $15,000 in principal payments over five years. By simply paying what you would typically spend on rent, you will have generated an estimated $45,000 in additional wealth. This illustrates the gradual accumulation of wealth over time.


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