Luxury real estate firm The Lotus Sisters recently provided their real estate expertise and shared several tips and advice on the benefits of transitioning from renting a home to becoming a homeowner.
Miami, FL -- (SBWIRE) -- 11/09/2015 -- Among the several key benefits highlighted, low fixed-rate mortgages were among them, particularly 30-year fixed mortgages. Despite varying costs depending on factors like creditworthiness and current rates, a monthly mortgage payment can in some cases be less expensive than a monthly rent payment.
Another item mentioned by The Lotus Sisters are the rules and restrictions set by landlords that renters must abide by, considerably limiting what a renter may be able to do, such as painting a room, keeping a pet or doing landscaping work.
The final item discussed is building equity as a homeowner and its importance in emergencies where access to reserve funds may be crucial, such as having to make costly home improvements.
About The Lotus Sisters
Sisters Carla and Neely grew up very close and hence chose to partner up with one another to join the dynamic South Florida real estate market. They credit their mother for imbuing them with a strong work ethic and high moral standards, naming their realty group The Lotus Sisters to honor her memory and principles. They describe themselves as giving "more than 100 percent" to ensure optimal satisfaction among clients. The Lotus Sisters place an emphasis on honesty, integrity, and strategic dynamism, specializing in Wilton Manors real estate and other communities throughout Broward County like Fort Lauderdale real estate. Call 954.205.5676 for more information.