IN Penn Hills Summer 2019 | Page 26

The Area’s Finest Communities Discover Suncrest Homes Serenity Pointe, Murrysville – 1 Lot Remaining Siena Ridge, Murrysville NEW – Sterling Oaks, Penn Township Carriage Homes Now Available Allegheny Woodlands, Apollo New Patio Homes Coming SOON ~ Award Winning Builder ~ ~ Custom and Semi-Custom Homes ~ ~ Remodeling and Room Additions ~ ~ Proudly Celebrating 32 Years of Outstanding Personalized Service ~ suncresthomespa.com 724-327-1844 “Creating homes for YOUR style, comfort and enjoyment” A current issue Trust the of this Golden magazine Realtor! is also available online. [email protected] Pamela.stamper.cbintouch.com 24 724.942.0940 TO ADVERTISE ❘ icmags.com Is buying always the better option over renting? This is a debate often discussed within the real estate market and the answer depends on a variety of variables including location, financials and length of time in the home. In general, it is advised to purchase a home if you plan to spend more than two years there. Not sure how long you’ll be in your home? Find the break-even point between renting and buying to help guide your decision. 2. BUYING: Be sure you can afford more than just the mortgage. Getting preapproved for a mortgage gives the buyer a sense of how much house he or she can afford, but don’t presume this figure to be your only monthly payment. Keep in mind costs that may not be as evident, such as utility bills, taxes, homeowners association dues, mortgage insurance and money needed to furnish your home. On top of that, consider closing costs (about 3-5 percent of the cost of your home) and the potential of paying private mortgage insurance (PMI) if you are unable to put 20 percent down on your home. Pamela Stamper 724-327-0123 Office 412-496-4988 Cellular 1. BUYING: icmags.com