traverse city homes for sale: Renting verses Buying a Traverse City Home
- 10/03/10 08:59 AM
Some folks reason that it is foolish to throw away money on rent when they could purchase a home. Recently while showing a young man homes I talked him out of buying a home when he mentioned his job may force him to move in a few years. If you are not sure you will stay in your new home for at least five years, there are some facts you should know. After five years with a mortgage of $100,000.00 at 5% interest you will have paid $32,209.20 in monthly payments and only 8,017.71 in principal. BUT you will have paid $6,750.00 in Taxes, $1,500.00 for homeowners insurance, about … (0 comments)
traverse city homes for sale: What do I do different than most Traverse City real estate Broker?
- 10/03/10 08:21 AM
That is what I was asked at the end of a recent closing. Well not exactly. To Quote: "So you didn't do anything different than any other agent would have done". That set we back on my heels and before I could gather myself to answer we were walking out the door. So let me take a shot a how I wish I could have answered. To start; I showed Bob all condos that matched his search criteria. I didn't start with my listings because I don't carry any listings. I didn't follow up showing him my company's listings because my company doesn't carry any listings. … (0 comments)
Some folks reason that it is foolish to throw away money on rent when they could purchase a home.;)
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