Buying Pittsburgh Real Estate can be a valuable investment.  Unless you are living somewhere for free, you are paying rent-which we all know is just money down the drain-so if you are able to be approved for a mortgage, then the smartest thing you can do is put that money towards home ownership.

Pittsburgh Homes For Sale

If you know you will be moving in 2 years, then an Adjustable Rate Mortgage makes the most sense for you, as you will be able to get a very low introductory interest rate and low payment until you move. If you plan to be staying put for a long time, then you will want a Fixed Rate Mortgage.

Pittsburgh Home Mortgage

What is the point of buying if you’ll be moving in  2 years? For one, you get equity out of the home, and will most often be able to sell it for at least a little more than you bought it for, giving you more to put down on your next home purchase. Also, having been a home owner gives your credit score a huge boost and opens you up to better fixed mortgage rates on your next home.

Search Pittsburgh MLS

Ready to quit renting and start owning? Begin by browsing Pittsburgh area homes for sale, and contact me, Jim Dolanch, your expert Pittsburgh real estate agent, for answers to any and all questions you have about Pittsburgh and real estate.

Until next time,
Jim