masters: The Real Cost of Renting. You Probably Can Afford to Own.
- 10/04/16 05:10 AM
In most cases owning will have an advantage over renting. You will be gaining equity rather than paying a substantial amount of your money to increase your landlords home-equity. Within a 10 year period of paying monthly rent of $700.00/month will have you paying $110,719.00 in that time and paying $1200.00/month will have you paying $189,618.00 in the same 10 year period. Even with the continuous debate of renting vs buying being good or bad and it being a pointless one, it still comes down to $189,618.00 is a lot of money to be contributing somewhere with nothing to show in return for amount paid. … (0 comments)
masters: Mortgage Assistance for Grads / Ohio helps students become homebuyers
- 09/01/16 12:47 AM
A"Grants for Grads" will help with a down payment or closing costs for recent graduates in the past 48 months of graduating with their degree; decling to a 0% payback. Free money to a recent graduate is possible. Having a buyer contact me about wishing to buy her first home by the end of the year turned out to be rewarding and a reminder of why I love my career. It brings such elation in bringing happiness to another. My buyer stated she wanted to liquefy some of her assets for a better down payment. After talking with her I realized she graduated with her master's … (0 comments)
In most cases owning will have an advantage over renting. You will be gaining equity rather than paying a substantial amount of your money to increase your landlords home-equity. Within a 10 year period of paying monthly rent of $700.00/month will have you paying $110,719.00 in that time and paying $1200.00/month will have you paying $189,618.00 in the same 10 year period. Even with the continuous debate of renting vs buying being good or bad and it being a pointless one, it still comes down to $189,618.00 is a lot of money to be contributing somewhere with nothing to show in return for amount paid. … (0 comments)
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