Buying is cheaper than renting. It is a simple fact that if you are renting, it is unfortunately not cost effective. Renting is 36% more expensive than buying on a national basis, and renting is more expensive than owning in 98 of the top 100 markets across the country. There really is no great benefit to renting, but owning a home? That’s where one of the most fun parts of life begins.

Now we understand that, for the time being, it could be more useful to rent; but the reality is you are not helping yourself when you hand over your hard earned income to a landlord. When your write a check to Inspire for your mortgage, it reduces your remaining balance and increases your equity. Buying a home is one of the safest investments they can make because it is not a bad financial decision. So, yes, you will be in debt, but that’s okay. You will own something and you are being financially responsible, and that’s a feeling like no other. You may not see it right this second, but it will happen.

It’s ok to be worried. It’s even ok to be scared. This is a big step and huge commitment. But it’s worth it in the long run. In fact, by 2018, 74% of millennials expect to purchase a home. It is something like a movement, and we want you to be a part of it.

It all seems very daunting at first glance. The typical down payment for a home is 10-20% of the value. That is expensive considering the median value of a home was around $292,000. It is a process that takes time, planning and effective budgeting. That is just the median price across the country though, there are plenty of homes to be purchased for less and can fit your current budget. It is time to put that money toward your future, and that is where we come in.

Here at Inspire, we are here to help you achieve something like purchasing a home. Reach out to us, and we will start planning together. You find your home; we’ll help you with the rest.