Purchasing a home has always been considered an important milestone in life and a solid
investment for your future. Being a homeowner also gives you the freedom to personalize your
home however you like and change it up whenever you want! You never have to deal with a
bad landlord again. Are you thinking what we’re thinking? Now is the right time to stop renting
and buy with Olson Homes!
If you are you struggling to decide if now is the right time to purchase a home, here are three of
the main benefits to becoming a homeowner in 2020:
Interest Rates Are Low
Good news! Interest rates are at a historic low, which means buying a home NOW can save you
money! Average rates are currently at approx. 3% and at the end of 2019 average rates were at
approx. 3.875%. With this lower rate, you could save almost $300 a month on your mortgage
payment compared to if you had bought a home in 2019!* Don’t miss your chance to lock in a
great rate and buy your new dream home this summer!
*Based on the average loan amount of approx. $600,000 with a 20% downpayment. Contact
our Home Advisors for more information.
While renting is an affordable short-term solution, those payments aren’t an investment in your
future. Purchasing a home could save you more money long term, and most homes appreciate
in value, so someday you could sell it for a profit! There are also many tax benefits that come
along with homeownership. Our Home Advisors would be happy to go over all of the
reasons why you should buy vs. rent a home!
As many renters know, there’s always a threat of a rent increase every year when you renew
your lease. This could leave you with the challenge of looking for a new place to live within your
budget on very short notice which no one wants to do! When you own a home, you can live on
your own terms and with a fixed-rate mortgage, you never have to worry about your monthly
mortgage payment increasing. You don’t have to deal with a difficult landlord and you’ll have a
better idea of how much your bills will be every month. Plus, nothing beats having a reliable
place to call home sweet home.
If you’re interested in purchasing a home in one of our Olson communities, our friendly Home
Advisors are here to help you on the road to homeownership! Explore our communities now
selling throughout Orange County and Los Angeles.
The Olson Company is California’s premier builder of affordable new home communities in the state’s most in-demand urban centers. In partnership with cities and other local and state agencies, Olson works to provide multi-tiered solutions to the critical issues of affordable for-sale housing, community redevelopment, transportation and sustainability. Recognized for creating thoughtfully designed communities within reach of California homebuyers, Olson has built more than 11,000 single-family attached, single-family detached, live/work and mixed-use in-town homes across 100 cities since 1988. Headquartered in Seal Beach, California, Olson is the proud recipient of many top customer experience awards including the 2016, 2017, 2018 and 2020 Eliant Homebuyers’ Choice first place awards for Overall Purchase and Ownership Experience.
Copyright ©2020 The Olson Company, Olson Homes and In-Town Living, Inc. All rights reserved. All information subject to change. All imagery is representational and does not depict specific building, views or future architectural, community or amenity details. All services, pricing, square footage and bed/bath counts subject to change. Models do not reflect racial or ethnic preference. Not an offer or solicitation to sell real property. Offers to sell real property may only be made and accepted at the welcome center for individual Olson Homes communities. For additional legal disclaimers, please click here. DRE #01877641. CSLB #939166 Olson Urban Housing, L.P.