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Renter Turns Into Happy Homeowner and Saves Money

Posted by Julie Wright on Thursday, November 1st, 2012 at 4:33pm.

by Lisa Alberian


When my family decided to move to Las Vegas, we rented a house in a nice neighborhood. Since we didn’t know much about the area, we relied on our real estate agent’s knowledge to help us make decisions in addition to a lot of our own research. We were very fortunate to find a nice rental house in Henderson. 

At first, everything was completely different than what I was used to and nothing felt like home. Every chance I had, I drove around different areas to get a feel for what “living in Las Vegas” could be. You can learn a lot about an area by going into local businesses. It is NOTHING like “The Las Vegas Strip” out here in the suburbs! After a while we finally felt settled in with new careers and that’s when I started thinking…. 

Being a previous homeowner, I knew the benefits of home ownership (and I really, REALLY wanted a vegetable garden!)  I researched housing prices online on a regular basis and it caught my attention when mortgage rates started dropping, so I took the next step and talked to my bank and to a mortgage broker. Since the price of houses are still so low, and mortgage rates are still so low, I wanted to know exactly how much we could afford.

To my complete surprise, not only could we afford to buy a house, but the mortgage is almost HALF what the rent was costing us! Not only are we saving money every month, we have the tax benefits of homeownership and an appreciating investment. We also have a vegetable garden and a place to truly call HOME.

Mastura Roberts
(702) 919-5400
offers@greatlasvegashomes.com

Team Leader, The Tonnesen Team
Berkshire Hathaway HomeServices, Nevada
3185 St Rose Pkwy #100 Henderson, NV 89052

With over 30 years of experience helping families call Las Vegas "home!"

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2 Responses to "Renter Turns Into Happy Homeowner and Saves Money"

Sana wrote: If we were standing on the sdeliines, armchair quarterbacking, PDXrenter might have a point. Since we practice what we preach I think he/she is off base. Instead, we've bought and sold and made some pretty good money during the time sited as a lousy time to be in the market.I couldn't care less about what your motivation is to look at real estate as a potential investment, it is not for everyone. It might be a New Years resolution, advice of an accountant or just a gee whiz.The whole point of this blog is to help people decide if real estate is right for them and if it is, hopefully get them to work with us. This is a form of advertising and hopefully a lot more useful than a glamour photo in a glossy magazine. It shouldn't be a newsflash that we get paid for selling houses. We get paid more by creating a relationship where our clients use us more than once and refer us to their friends. It is about selling houses and building relationships.I can't wait for two years to pass so I can grab up all of these $200,000 Pearl condos.

Posted on Saturday, December 8th, 2012 at 6:23am.

Ashlee Anderson wrote: Diann, it is really interesting how many renters across the country especially in areas with higher home values are in the same situation that you recently were. It is actually amazing in some instances how much less owning a home is than renting, even without the tax benefits of home ownership and even more so is that a lot of renters do not even realize it. Likewise many of the homes available for purchase when compared to equivalent rentals dwarf them in both size and features. Perhaps it is simply that the tables have turned so much since 2006 like in Southwest Florida, where we used to live, the cost of owning used to be nearly double that of renting.

Posted on Friday, December 14th, 2012 at 9:14am.

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