Blog > Homeownership - the American Dream

Homeownership - the American Dream

by Donna Andreano

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Charleston Home

Everyone all over the country, at some point in their lives, dreams of owning their own home. It's like a right of passage. When you're a child you 'pretend' and 'imagine'. When you reach a certain age you start to wonder if you should buy your own home instead of renting. Or, maybe your parents hint to you about it! Well, most times the answer is 'Yes'. In Charleston, the answer is 'Definitely, YES'! Especially with the mortgage rates still low.

For example, you can rent a 3 BR, 2.5 Bath home in Summerville for $1200/month. Or, you can buy a $200,000 home with 3 or 4 BRs and 2-3 Baths for the same monthly payment! (If you mortgage $200,000 at 4.5% the monthly payment including insurance and pmi is approx. $1200/month)

Of course, different towns demand different rental and home buying prices. However, there are many subdivisions in Summerville, Moncks Corner etc. where you can buy a BRAND NEW HOME for that monthly payment! And to top that, there are loans in some of those rural areas that don't require a downpayment, namely, a USDA loan.

I'd love to show you homes that you can afford and be proud of. A home you can be happy to come home to after a day at work. You can put the key in the front door of a home you OWN!

Contact me today and we can get started - 843-256-3348 or email me at donna.andreano@agentowner.net

Donna Andreano

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