Get free access to our world class MLS search tools, save your favorite listings, create saved searches & much more!

Renter Turns Into Happy Homeowner and Saves Money

Posted by Mastura Zaini-Roberts 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!"



Related Blog Posts

A Mortgage 1 Year After Foreclosure?!!

Shortsale? Foreclosure? Bankruptcy? You may NOT have to wait 3 years or more to buy your next home under the new HUD “Back to Work” initiative announced August 15th. If you qualify for the program, you may already be able to purchase a home as an owner/occupant with an FHA loan. Eligible borrowers would be those wh...

Taxes are a GREAT Reason to Move to Nevada

According to this year’s Tax Index, Nevada is one of the states that do without one or more of the major taxes: the corporate income tax, the individual income tax, or the sales tax. Wyoming, Nevada, and South Dakota have no corporate or individual income tax making them desirable places to own property. The 1...

Las Vegas Real Estate Agent is NASCAR fanatic!

VRRROOOOMMMMM.... One of our most experienced real estate agents, Debra Leatham, is also a HUGE racing fan, and every March she camps out over several days at the big NASCAR event in Las Vegas. (Debra and her husband Jim are also avid Corvette enthusiasts, and he built a separate 4 car garage just for his "babies" that...

In the Words of Frank Sinatra...

The Tonnesen Team of GreatLasVegasHomes.com would like to take this opportunity to wish everyone a heartfelt "Happy Thanksgiving," and may your homes be blessed with joy. The following is something written by our wonderful Team Manager, Patty Annis, that describes how she feels about this holiday season and being home...

Warren Buffett loves HomeServices of America

The Omaha tycoon referenced more acquisitions for the brokerage firm over the next 10 years In Warren Buffett’s 2016 investor letter released this past weekend, the folksy tycoon called out HomeServices of America (HSA) and said to expect more acquisitions. The company had $225 million in earnings las...

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.

Leave a Comment

Have a Question?

Contact Us

Follow Us