Housing markets in the greater Sacramento Area continue to grow. Elk Grove is a fun-filled city with an abundance of entertainment and restaurants. It’s also incredibly close to downtown Sacramento – just 25 minutes away. Currently, Elk Grove renting prices are higher than a mortgage would be at Latitudes in Monterey Village by Tim Lewis Communities. Our research shows that renters in Elk Grove are paying up to $2,700. You could own your home and begin building equity for less than that a month!
Own Instead of Rent!
We’ve done some market research on how you can become a homeowner in our beautiful community in Elk Grove. Plan 1 at Latitudes in Monterey Village starts at $308,900 and can be in your price range!
- Minimum Down Payment – 3% which is less than $10,000!
- Estimated Closing Costs – 1-3%
- Estimated Monthly Mortgage – Just $2,400! Less than you may be paying for rent!
Plan 2 at Latitudes in Monterey Village begins at $334,900 and is a gorgeous two bedroom two bath home.
- Minimum Down Payment – 3%, which is slightly over $10,000
- Estimated Closing Costs – 1-3%
- Estimated Monthly Mortgage – just $2,600.
Waiting Could Actually Cost You Thousands!
There are consequences to waiting months or even years to buy a home. Analysts have done comprehensive reports on the money lost when waiting to buy a home. The chart below explains the amount of money you’ll miss out on if you wait 6 months, a year, two years, and three years. Don’t miss the opportunity to own a beautiful home at Latitudes in Elk Grove, CA!
Latitudes in Monterey Village is the perfect place for you to call home and can be yours for less than you are paying in the crazy rental market. Don’t wait to purchase your new home. Home prices and rates are increasing all the time!
Take the first step today! Contact Mike at mmahdi@timlewis.com or 916-846-4199 to learn more about this favored community.