I know I have put up a "before you buy" blog entry before, but I really want to make sure that buyers know exactly what they are getting into. When making the decision of buying or renting consider these points.
1. How long do you want to live in that particular area
2. What is your financial situation (Use my rule of thumb entry below to help you out)
3. Current mortgage interest rates
4. Tax consequences of owning versus renting property
5. What may happen to tax laws and home prices in the future
If you need any help with these factors talk to an honest broker or realtor. Have a great day!
0 comments:
Post a Comment