Saint Clair Homes

This is a personal realization about the real estate market. Everything that I have been writing about and forwarding to all of you that have been coming to my site – is helpful as well as absolutely true!

Recently, I have been faced with having to move some elderly family members closer to me. In the process of weighing the options of renting or buying a home in Saint Clair – it became crystal clear that buying is the smarter way to go. I’ve been looking at homes with particular features that would meet the needs of an elderly couple in the $100,000 price range. The home will be purchased and owned by them: maintaining their independence and dignity.

After going through the pre-approval process: we determined that a comfortable monthly payment would be no more than $600/mo. With that in mind, I started looking at rentals in that price range, and what I found was not very nice and too small. So, I started looking at homes for sale, thinking that I would have to help them out a little bit. To my surprise, I found that they could buy a nice home between $85,000 and $100,000 and have a mortgage payment of less than $600/mo.

There are many reasons this is possible: 1) the incredibly low prices of homes on the market, 2) the great interest rates, and 3) the different types of loans available.

In closing, I have to say: If you are able, now is the time to buy!