For anyone not yet a home owner...or who is working with a potential/hopeful home owner.  This is a good article to read, “Harvard: Why Owning A Home Makes Sense Financially”, published by The KCM Crew:

 The second point in this article is what got me diligently working towards qualifying to buy a home for my family: 

 "2.) You're paying for housing whether you own or rent.

 “Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord.”

 After the third year of my Sonoma County rent increasing, my wife and I took a serious look at how we could get a decent down payment and buy a home in Sonoma County.  We even whittled our weekly grocery shopping budget to bare-bones minimum so we could save as much as possible.  That year we were able to buy a home in Sonoma County and start building our own equity!

 Then of course we were able to write off the tax benefits, paint our walls the color we wanted, hang pictures without concern of being fined, etc.,etc.,etc.  Definitely was one of the best decisions and plans we had worked on.  We lived in beautiful Sonoma County and the work was all well worth it!

 For anyone thinking they do not qualify for a home loan as they are self employed, had a foreclosure some years ago, credit is shot, etc. well, check out alternative financing known as Hard Money or Private money. This financing I know quite a bit about, so feel free to contact me with any questions or scenarios.  Otherwise, find your local Hard Money Broker and get started on qualifying for a home loan.

Best, Ken - Another Guy in the White Hat

Lead Loan Originator at family owned and operated Sun Pacific Mortgage & Real Estate, serving all of California since 1988!  707-523-2099 

CA Bur RE License #01858042. NMLS #1221130



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