Limitations of Renting
W to Home elcome Ownership
As a trusted name in real estate, Better Homes and Gardens Real Estate Metro Brokers is here to guide you through the journey from renting to owning. We believe in the power of home ownership to provide security, opportunity, and generational wealth. Whether you're a first-time homebuyer or exploring your options, this guide will help you understand the benefits and processes involved in purchasing your own home.
While renting can offer flexibility, it lacks the long-term financial benefits of owning a home. Rent payments go directly to your landlord without building any equity. Renters miss out on mortgage interest, property tax deductions, and property value increases. Rental rates can increase unexpectedly, impacting your monthly budget and long-term financial planning.
PERSONALIZED ENJOYMENT
Owning allows you to create your own space in ways that are beyond what you can do in a rental property.
SECURITY & STABILITY
“Setting down roots” allows for homeowners to create a more comfortable lifestyle in addition to a sense of belonging and pride.
EQUITY & APPRECIATION
With a conservative 6% annual appreciation, a $350,000 home increases in value to more than $425,000 in just 5 years.
RETIREMENT FUNDS
That appreciation allows for “forced savings”, so homeowners typically have more at retirement than renters.
TAX BENEFITS
Get tax deductions on mortgage interest, property taxes, having an office for a home-based business, and/or energy-efficient appliances.
a Home?
B enefits of B uying: Why Buy
In 2022, the Federal Reserve’s Survey of Consumer Finances found that homeowners had a median net worth of $396,000, while renters had a median net worth of just $10,400. Thus, homeowners are wealthier than renters, creating better lives for their families now and in the future.
Single-Family Home
A traditional home on land typically appreciates at a higher rate.
Condominium
Ideal for those wanting less maintenance and more amenities.
T ypes of Homes: Explore Your Options
Townhouse
A middle ground between a single-family home and a condominium.
Duplex/Multi-Family
An investment where you can live in one unit and rent out the other(s).
Get Pre-Approved
Secure a true pre-approval from Metro Brokers Financial to understand your buying power.
Ensure the home is in good condition. 1 2 3 4 5 Congratulations on Buying Your Home!
Find Your Home
Work with a BHGRE Metro Brokers agent to find the perfect home.
Make an Offer
Your agent will help you craft a competitive offer.
Home Inspection
Close the Deal
Sign the paperwork and get the keys to your new home.
Fi nancing & P rograms
The amount needed for a down payment may be less than you think. There are several mortgage programs to help you purchase your home with lower down payment requirements.
Available in Georgia to help reduce down payment requirements.
Ensure a smooth transition with our “cash up front” program, exclusive to BHGRE Metro Brokers.
Interest Rates
While mortgage interest rates can move higher or lower year-to-year, it’s important to remember that rent is essentially 100% interest. Renters never see a return on their monthly payments, whereas homeowners build equity over time, making homeownership a wise investment for long-term benefits and financial returns.
Whose mortgage would you rather pay off – yours or your landlord's?
Through Metro Brokers Financial, we offer access to various loan programs with low down payment options.
The Future is in Your Hands
Taking the step to home ownership is a significant decision that can establish the foundation for your future. At Better Homes and Gardens Real Estate Metro Brokers, we're here to support you every step of the way. Reach out to us with no obligation to buy, and let's explore whether now is the right time to achieve your dream of owning a home!
CORPORATE / PERIMETER
5775-D Glenridge Drive, Suite 200
Atlanta, GA 30328
BLAIRSVILLE
63 Plott Street, Suite C Blairsville, GA 30512
BLUE RIDGE
801-A East Main Street
Blue Ridge, GA 30513
CASCADE
1075 Fairburn Road SW, Suite 109 Atlanta, GA 30331
COVINGTON
12601 Town Center Drive, Suite 102
Covington, GA 30014
DOUGLASVILLE
2911 Chapel Hill Road, Suite 260 Douglasville, GA 30135
EAST COBB 1050 East Piedmont Road, Suite 120 Marietta, GA 30062
ELLIJAY 29 Highland Drive, Suite 115 East Ellijay, GA 30540
FORSYTH 1674 Market Place Boulevard Cumming, GA 30041
GWINNETT
3095 Satellite Blvd. Bldg 800, Suite 120 Duluth, GA 30096
HAMILTON MILL
2725 Hamilton Mill Road, Suite 2400 Buford, GA 30519
HELEN
5088 Helen Highway Sautee, GA 30571
MCDONOUGH 1401 Highway 20 West McDonough, GA 30253
MIDTOWN 1080 Peachtree Street NE, Suite 13B Atlanta, GA 30309
NEWNAN 209 Newnan Crossing Bypass Newnan, GA 30265
NORTH FULTON
333 North Point Center East, Suite 125 Alpharetta, GA 30022
NORTHLAKE
4073 Lavista Road, Suite 373 Atlanta, GA 30084
PAULDING
5886 Wendy Bagwell Pkwy, Suite 221 Hiram, GA 30141
PEACHTREE CITY 1218 North Peachtree Parkway Peachtree City, GA 30269
RABUN
534-A Highway 441 Clayton, GA 30525
STOCKBRIDGE
1215 Eagles Landing Pkwy, Suite 101 Stockbridge, GA 30281
STONECREST
7230-B Stonecrest Pkwy Lithonia, GA 30038
VILLA RICA
700 Highway 61, Suite 102 Villa Rica, GA 30180
WEST COBB
5087 Dallas Highway, Suite 500 Powder Springs, GA 30127
WOODSTOCK
8265 Highway 92, Suite 101 Woodstock, GA 30189
