An age old question many people face; continue to rent or commit to buying a home? Most people do a financial analysis to see if this makes sense. Will the mortgage payment be less than the rent payment? Whether yes or no, they should consider that the principal portion of the mortgage payment is used to build equity in the home, while the rent payment will go to the landlord and will not be used to build any equity for themselves. Over time, hopefully, they will build equity in their home so that they can either sell and make a...
Category: Rent v. Buy
FRIDAY THE 13TH, DON’T BE AFRAID
Here we are on Friday the 13th and you are thinking about buying a home. You have heard horror stories by others regarding the home buying process. You are starting to reconsider and feel that renting will be easier. Well, don’t be afraid, you can buy that home and the process can be smooth. What you need is professional guidance to help you through the process. Are you considering buying a condo? We can help guide you and advise of the particular issues involved in buying a condo. Looking for a fixer upper single family residence? We can let you...
March 13, 2020March 13, 2020john