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Do You Know the Cost of Renting vs. Buying?

By
Real Estate Agent with Keller Williams Realty - Wellington SL#3047968

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!  MORE HERE>>>

 

  •          Whether You Are A First Time Homebuyer Or A Move-Up Buyer Now Is The Time To Make That Move!
  •          Check Out Listings For Any Zip Code Here:

 http://www.findhomesinwellington.com/search/

 

•1st Time Buyer Webinar:             www.agentintro.biz/2589/bw

 

•   Report: Top 5 Home Deals:   www.realtyreports.biz/2589/hd

 

 

Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Unfortunately, many renters shell out so much money every month, yet can't qualify for a loan because they (1) can't prove income (2) have no down payment saved or (3) have let their credit slide. What should they do? Contact a lender and find out how they can turn this around. They might get a wonderful surprise, and actually qualify. It's worth a try to find out!!!

Oct 14, 2016 09:09 AM
Yolanda Cordova-Gilbert
Richmond, TX

You are correct it is usually better to buy than rent, though not in all cases but I just can't imagine renting for a long time though I hear some millenials are leaning that way!

Oct 14, 2016 09:17 AM