Celebrating Freedom this Independence Day
The 4th of July is an exciting celebration in North Carolina and throughout the country. Cities and other municipalities will host parades and fireworks displays as a patriotic tradition. This celebration of the birth of our nation holds quite a bit of significance for all Americans. We also call it Independence Day, a term that can hold additional meaning. If you want to celebrate your own independence, from renting or as you relocate to the beautiful Asheville area, here are a few ways buying your own home can do that.
Celebrating Independence Day
You may remember from elementary school that the 4th of July is celebrated in the U.S. as the day in 1776 when the Continental Congress declared the 13 colonies united, free, and independent states no longer subject to British rule.
Today, we celebrate our independence as a nation with fireworks, parades, cookouts, and general community bonding. We may not think much about what our founding fathers were thinking when they approved the Declaration of Independence, but we know that we belong to a strong independent nation. And independence is an important value for the American people.
Freedom from Rent
As an individual or a family, there are a few ways you can declare your own independence. One such way is by purchasing your own home to escape the cycle of rent. Once you have a mortgage, you have a fixed or adjustable rate that you know in advance, as opposed to landlords who may raise your rent annually.
Three years ago, we wrote this blog post about renting versus buying. And while some of the details have changed over time, the advice is solid. It’s always worth talking with a mortgage professional to determine if buying your own home makes more sense than renting.
Planning Your Financial Future
For many people, personal independence means financial independence. How this looks in practice will vary from person to person and family to family. This article by Investopedia shares information about planning for financial independence starting in your 20s, but it’s never too late to take the advice. Some suggestions include:
- Having fun
- Being your own best financial asset
- Becoming a planner
- Setting goals
- Having modest lifestyle costs
It may make sense to include buying your own home in this list.
Peace of Mind
Independence, in whatever form it takes, is simply another way to give you peace of mind. And in a fast-paced world full of outside stressors, you can’t put a price on your mental well-being. Sure, there are additional considerations when buying your own home, such as maintenance and repair, but there are also a lot of benefits.
Questions About MortgagesTop 10 Questions About Mortgages So many questions about mortgages! We understand. Buying a home is an intense process and whether its your first time or fifth time, there are a lot of things you need to know before you take the plunge. We...
Back to School in AshevilleBack to School in Asheville If you have kids, you have already felt the excitement surrounding the first day of school. Today, many Asheville-area students are returning to the. While you have already done your back-to-school shopping and...
Affordable Housing Initiatives in AshevilleThere is no doubt, Asheville is facing an affordable housing crisis. This is punctuated by the seemingly constant stream of hotels being built downtown and the massive numbers of vacation rentals available. But the city of...
4 Things You Should Know about an Independent Mortgage LenderEven if this is your first time buying a home, you’ve probably heard a lot about the process from friends and family with homebuying experience. Many will talk about getting a loan though a bank, but that...
Celebrating Labor Day in Western North CarolinaLabor Day: Planning for the Long Weekend The first Monday in September every year is Labor Day. This is more than just a day off, it honors those who worked hard to ensure that U.S. laborers could perform under safe and...
How we can help you
Although labeled an independent mortgage lender, GoPrime Mortgage, Inc. . is not a one-man operation. Zachery Adam and his Team has the support of a streamlined operation, with professionals who assist in every phase of the loan process. His team includes an appraisal vendor, loan processors, underwriters, closers and even the CEO or president if needed. When you choose to work with Zachery, you get the support of his team as well.
It’s important to Zack that he and his team are approachable and can provide assistance to home buyers who are often inundated with misinformation about the financial picture and mortgage options. In an automated culture reliant on digital communication, it’s time to put the human element back into these conversations. He could never be behind the scenes.
Today, Dan likes working with first time home buyers to help them through the often intimidating process of buying a home. In just the time he’s been with GoPrime Mortgage, Inc., Dan has been able to work with a number of diverse products including USDA, FHA, and VA loans. This has given him great insight very quickly about the best ways to work with homebuyers.ern Appalachian city.
Let's Get Started
862 Haywood Road Asheville, NC 28806