Renting vs Buying
May 31st, 2011 at 2:50 pm | Type:
Author: admin | No Comments
With the current real estate market in a slump, to say the least, alot of people are caught in the buy vs rent debate. To help those who may be curious as to all of the costs that come with buying, I have posted a helpful resource!
I found a great article on the NY Times website, that has helpful calculators and factors in almost every expense in the buy vs rent debate. This is very helpful for someone sick of renting or anyone curious to see how affordable buying actually is!
http://www.nytimes.com/interactive/business/buy-rent-calculator.html
When you consider a 3.5% down payment is all you need with an FHA Loan, that dream condo is even closer than you originally imagined!! Take a look and see if this Times article sways your renting vs buying opinion.
Filed under : Real Estate Blog