Three reasons to buy instead of rent

Renting while saving money for a home is a smart idea. But what could be an even better idea? Make your new home purchase now and start building equity. With affordable options in the San Diego area — including condos, row homes and duet-style homes — your new home dreams might be closer than you think.

If you’re still not sure, just take a look below. From mortgage programs and low-maintenance options, plus an abundance of amenities as an added bonus, there are plenty of reasons why today’s market is ideal for renters to become homeowners.

Reason #1:A market favoring buyers

The current housing market may have taken a turn. Rarely does the market benefit buyers, especially in the San Diego area, so now may be a prime chance to take advantage. Not only that, but Tri Pointe Homes® is one of the only builders offering new construction options below the median price point in the area – a combination that is particularly desirable.

When you finance through our affiliated mortgage company, Tri Pointe Connect®, we'll guide you through the process and help make your mortgage as manageable as possible. Interest rate locks, rate buydowns and reduced closing costs are just a few of the ways to do so. With rents where they are, it's very possible your mortgage could be less than your current rent.

Reason #2: Community amenities provide additional benefits

Amenities provide additional benefits that you may not be getting when renting. Many Tri Pointe Homes communities offer more than just a pool. Each community is unique, with its own offerings and personality so you can find what fits best. Miles of nature trails, preserved open space, parks, social centers and fenced-in dog parks are just a few of the things you might find waiting for you. Not to mention all of the amenities that come with simply owning a new home, like sparkling appliances and a layout designed to fit your lifestyle.

Reason #3: Low maintenance and efficient designs

Don't sweat the maintenance that comes with homeownership. A new construction home isn't likely to need much in the way of repairs from you for years to come. Plus, if you opt for a condo, row home or duet-style home, you won't have that time-consuming yard maintenance monopolizing your weekends. Instead, you can spend more time enjoying those amenities with your family and friends.

Buying new could also lower your utility costs — making a new home purchase even more worth it. That's thanks to Tri Pointe Homes' LivingSmart® program, which is designed with materials, advanced technology and thoughtful features that help to improve the quality and efficiency of each home. Together, it helps reduce energy and water use — and puts that money back in your pocket.

If building equity is something on your wishlist, take a look at our San Diego communities and reach out when you're ready to make your move.

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