Should I Buy

Should I Buy

Should I Buy In 2023

It’s true. Buying a home is a life-changing decision — and one no one should take lightly. If you’re thinking of buying, my advice is to gather as much info as you can from industry experts like me!

Top of the list is getting prepared by securing a mortgage (Pre-approval).


Make the decision after you’ve learned more about a mortgage if you want to buy.  Here are the pros and cons of renting vs. buying.


Pros: Build equity, fixed monthly payment, tax benefits, can remodel and customize, stability

Cons: Down payment, upkeep and maintenance costs, property taxes, HOA fees, not easy to get up and move without renting or selling the home.


Pros: Upkeep and maintenance costs covered, no property taxes, avoid market fluctuations, easy to move

Cons: Won’t build equity, rent may increase, no tax benefits, can’t remodel or customize, pets may not be allowed (sniff, sniff).

No matter where you find yourself in life, it’s never too early or too late to begin investing in real estate, even if you only have a few thousand dollars for down payment to start with, start building equity.

What exactly is home EQUITY?​​​​​​​​

In the simplest terms, it is the amount of personal equity, or wealth you hold in your home. ​​​​​​​​
How do I calculate how much equity I have in my home?​​​​​​​​
1. You can call me to walk you through it​​​​​​​​
2. You would take the current market value of your home and then subtract your home equity line of credit balance (if applicable) and your outstanding mortgage amount. This will give you your total home equity​​​​​​​​
For example: ​​​​​​​​
$500,000 home value​​​​​​​​
-$400,000 mortgage balance owing​​​​​​​​
= $100,000 home equity​​​​​​​​
​​​​​​​​If you’re currently renting? Are you still asking yourself, should I buy in 2023? Let’s connect and get you on the path to turn those hard-earned dollars into your home equity instead of someone else’s!​​​​​​​​

“90% of all millionaires become so through owning real estate.”

-Andrew Carnegie

Getting started is easy. We offer very competitive rates, have great service, and always close on time.

Best Mortgage companies in Chula Vista

Best Mortgage companies in Chula Vista


Andre Enriques
License # NMLS 220937
DRE # 01713544

Contact Us

Andre Enriques Mortgage Banker - VA Loan Expert, a dba of Anchor Funding Inc

Chula Vista Office
Phone: (619) 323-2066
Cell (619) 208-6499
891 Kuhn Drive, Suite #204
Chula Vista, CA 91914

San Diego Office
Phone: (619) 208-6499
6336 Greenwich Dr, Suite A
San Diego, CA 92122

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Equal Housing Lender

NOT ALL APPLICANTS QUALIFY. First Priority Home Loans is a DBA of Anchor Funding, Inc. is licensed by The
California Bureau of Real Estate #01276087. FHA Non-supervised lender #00257-0000-5
NMLS #1626581 & #236419
NMLS Consumer Access
Loans made or arranged pursuant to the California Department of Financial Protection and Innovation
California Finance Lenders Law license number 603 L293