Posts Tagged: buy vs. rent decision

It’s Cheaper to Own Than Rent: Should You Buy a Condo Now?
It’s Cheaper to Own Than Rent: Should You Buy a Condo Now?

It’s Cheaper to Own Than Rent: Should You Buy a Condo Now?

  |   By AuthorMy First Apartment
It is now better to own than to rent in ALL of the 100 largest metro areas. According to an analysis by the real estate site Trulia, it’s 38% cheaper to own (including mortgage, insurance, taxes and maintenance) than to rent. There are two key reasons for this amazing advantage: 30-year fixed mortgage rates are…
You Must Check Out This New Buy vs. Rent Calculator
You Must Check Out This New Buy vs. Rent Calculator

You Must Check Out This New Buy vs. Rent Calculator

  |   By AuthorMy First Apartment
New York Times has just published an excellent  buy versus rent calculator that every first time condo buyer should check out.  It is simple to use and you can easily adjust the assumptions to your specific situation. The calculator covers all key elements that should go into the purchase decision, including: Purchase price How long you…