renting vs buying: Don't Get Caught in the Sarasota Rental Trap! - 08/01/17 10:24 AM
Don't Get Caught in The Rental Trap!There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage.Don’t Become Trapped A recent article by ConsumerAffairs addressed the continuous rise in rents, stating:“The cost of putting a roof over your head continues to go up. Not only are home prices still rising, but the cost of rent rose 0.5% in June.”Additionally, in the Joint Center for Housing Studies at Harvard University’s 2017 State of the Nation’s Housing Report, it was revealed that,“Despite a slight improvement from 2014, fully one-third of US households paid … (2 comments)

renting vs buying: Renting or Buying in Sarasota Florida - 03/27/17 04:09 AM
Renting or Buying in Sarasota Florida… Either Way You’re Paying a MortgageThere are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage - either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained this month in their article, “12 Practical Steps to Getting Rich”:“While renting on a temporary basis isn't terrible, you should most certainly own the roof over your head if you're serious about your finances. It won't make … (14 comments)

renting vs buying: Sarasota Renters - Do You Know the Real Cost of Renting vs Buying? - 02/17/17 09:23 AM
~Keeping Current MattersSarasota Renters - Do You Know the Real Cost of Renting vs. Buying?   Some Highlights: Historically, the choice between renting or buying a home has been a close decision. Looking at the percentage of income needed to rent a median-priced home today (30%), vs. the percentage needed to buy a median-priced home (15%), the choice becomes obvious. Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your own! Considering Buying? Wondering if You Qualify for a Loan?Please understand that not all mortgage lenders … (0 comments)