Real estate blog entries tagged with rent vs own

Blog entries tagged with "rent vs own":

rent vs own: What are the Benefits of Owning a Home vs. Renting in Will County | Plainfield Real Estate - 07/14/08 03:42 PM

Owning a home will always have financial benefits that far outweigh the cost of renting a home or apartment in the Chicagland area. If you are in a favorable financial position to purchase a home, and have good credit and a down payment, here are some examples of the financial benefits … (0 comments)

rent vs own: The Power of Leverage - 06/12/08 10:00 AM

LEVERAGE is a word that real estate agents and other experts throw around, and prospective buyers smile and nod. But do they really "get"it? I don't think so, and that's why I put together a hand-out several years ago, featuring these charts (along with a prominent disclaimer that they are for illustration … (39 comments)

rent vs own: Should you keeping renting or decide to own in today's real estate market in Northern Fairfield County? - 04/09/08 02:47 PM

A decision that many first time buyers have in the Danbury area have if they should continue to rent or decide to own. With the average home or condo for rent in the city of Danbury around $2550 and the median around $1725 a month (per CMLS 4/8/08), renters are paying … (2 comments)

rent vs own: Tenants Faced With Foreclosure - Lives Turned Upside Down - 03/05/08 08:34 AM

What happens to tenants when their landlord fails to make the mortage payment? One of my clients is learning the answer to this question the hard way. He's living through it.

Let's back up two years to March 2006, when I rented a nice 4-bedroom colonial in Bowie, Maryland, to Tom and his family. … (27 comments)

rent vs own: For Renters Eyes Only - 11/09/07 06:45 PM

If you are currently a Renter that is living in someone else's investment. It might be the best thing for you. However,until you sit down with some one and go over the numbers in a detailed sort of way... You might never know if you are the type of person that … (1 comments)

rent vs own: Don't throw your money away in rent! - 10/22/07 08:17 PM

Don't rent a lifestyle! The average net worth of a renter is $5,000 while the average net worth of a homeowner is $172,000! Rents may be low right now, but that will change. Historically rents increase an average of 5% a year, while a fixed mortgage remains constant over the years. When … (2 comments)

rent vs own: A Tremendous Hedge Against Inflation - 05/24/07 03:03 PM

What is an inflation hedge? We all know what inflation is. It is the tendency for expenses to rise over time. We know that rent is subject to inflation. If your present rent payment is $800, a 5% rate of inflation would make the payment $1,303 in ten years. A hedge … (0 comments)

rent vs own: Renting vs. Home Ownership - 04/11/07 01:02 PM

Today's real estate market in the Greater Lansing area provides an excellent opportunity for renters to turn their monthly payments into equity. Having risen only slightly in the last few years, interest rates now are still much lower than over the past ten to twenty years, and home prices in many areas are … (0 comments)

rent vs own: Why Rent When You Can Own??? - 01/26/07 10:57 AM

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