HOW YOU’RE LOSING MONEY WHEN YOU DELAY BUYING AN EDMONTON HOME
Procrastination is a sin, at least it should be in real estate.
Delaying the home buying process is a serious issue. It causes a problem that’s so obvious that many Edmontonians just seems to ignore it. Well, Serge Bourgoin & Associates is shining the spotlight on this issue and tackling it head on.
We created this infographic to show you how you’re going to lose precious dollars due to the simple act of delaying. Do note that figures written in the infographic are just for simplicity purposes.
Hopefully, this’ll open your mind and make you “act immediately”.
Just to recap:
ACT IMMEDIATELY
Reduced Interest Rates
30-Year Amortization
Rate: 3.25%
Edmonton Home Value: $300,000
$60,000 Down Payment
$1,044 x 360 Months
=$375,842
DELAY THE PURCHASE
Reduced Home Value
30-Year Amortization
Rate: 5%
Edmonton Home Value: $289,000
$57,800 Down Payment
$1,242 x 360 Months
=$447,120
YOU LOSE $71,278 JUST BY DELAYING
Remember to follow Serge on Instagram @SergeBourgoin and get a first hand view on how he’s helping Edmonton homebuyers, sellers and investors.
For a complete list of available Edmonton homes for sale, check out the new Edmonton MLS listings.
