If you need more living space or a change of scenery, it might be time to find a new home. As you prepare to move, you might go back and forth with whether to buy or rent. It’s a choice you have to make for yourself, and there’s no wrong or right answer. According to... View ArticleRead More
Tag Archive: rent vs buy
Buying a home can be financially rewarding, but it also has its challenges. Many renters can’t wait for the day when they’re able to get the keys to their own house. Ownership can provide a sense of stability, giving you full control to decorate and remodel as you like. But before buying, it’s important to... View ArticleRead More
If you’re not familiar with the rent-to-own structure, it’s for good reason. When the housing market was booming, these options were few and far between. But with the market now moving more cautiously you may see more and more opportunities as a buyer and a seller.Read More
Over a 30-year period, is it generally cheaper to rent or to buy a house in expensive places like San Francisco or New York City?
Yes, housing prices can be astronomical in cities such as San Francisco. But monthly rents are also extremely high in these cities, especially in their more desirable neighborhoods. Here’s some good perspective: A recent study by Trulia of the country’s largest 100 metropolitan areas found that buying a home in these urban areas is 38... View Article
Purchasing a second home with the intention of taking a turn as a landlord is often considered a great way to turn an investment into passive income. When everything works out smoothly and you have the pleasure of dealing with great tenants, a rental property can be a secure source of monthly income. But if... View Article
Opinions about home ownership vary from person-to-person. And while some view buying a home as a necessity, others believe it’s overrated. Although there’s no rule that says we must own, there are good reasons to stop renting and buy a house. Understandably, renting can be beneficial if you don’t like to stay in one place... View Article