Congratulations, you have decided to buy a home. A home is more than a place to live, it is also an investment. We over the years have discovered home investments increase at the rate of from 2% to 5% per year.
This is not a hard and fast rule, as the economy has a big influence on value. There are other external factors that affect value as well. Neighbourhood, location in the neighbourhood and surrounding property conditions. Proximity to amenities influence value as well. The equity you attain over a period of years is yours, and is an easy way to save for the future, you may want to upgrade, with a hefty down payment from your present home.
Call the Don Team for assistance in making a home both a place to live and an investment, we are willing to help.
The Don Team