I have a wonderful friend who is now looking for a job in Title work, she is a closer, if you know of anyone who is hiring I'd like to give them her information. She is the one who shared the idea for this chart with me and I love to use it with tenants who are still confused about their choices. Does it help you?

Monthly rent2 years3years4years5year6years7years8years10years15 years
40096001440019200240002880033600384004800072000
450108001620021600270003240037800432005400081000
500120001800024000300003600042000480006000090000
550132001980026400330003960046200528006600099000
6001440021600288003600043200504005760072000108000
6501560023400312003900046800546006240078000117000
7001680025200336004200050400588006720084000126000
7501800027000360004500054000630007200090000135000
8001920028800384004800057600672007680096000144000
85020400306004080051000612007140081600102000153000
90021600324004320054000648007560086400108000162000
95022800342004560057000684007980091200114000171000
100024000360004800060000720008400096000120000180000
1050252003780050400630007560088200100800126000189000
1100264003960052800660007920092400105600132000198000
1150276004140055200690008280096600110400138000207000
12002880043200576007200086400100800115200144000216000
12503000045000600007500090000105000120000150000225000
13003120046800624007800093600109200124800156000234000
15 years of renting could pay full price for the average home in Collin county. Paid in full!   Just a thought.

Collin County Texas tenants should be considering homeownership while the housing prices are low and the interest rates are still good.
 
This post has been included in Texas Information Collin County, TX Information

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Doris Barnett-e-PRO Professional Trainer

Plano, TX

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BrokerTrainer.com

Address: Plano, TX, 75023

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Technical Trainer blogging about real estate and common sense ways of systematizing your business. When I learn something new, I specialize in helping North Texas real estate agents build better businesses.


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