Many people ask themselves if their living situation is the best option. There is a simple way to figure it out! THE FIRST STEP: Numbers One must use numbers to compare between renting or purchasing. There are 4 components to the initial step. 1.)
The recovery of housing is coming at a steep price—for homebuyers and renters. The reasons are found in the supply and demand circumstances that were left in the wake of the worst housing crash in history. For years, buyers waited, unwilling
1.) Low Down Payments: Lenders are now more willing to say yes to single-digit down payments. A new lending option for first-time homeowners that allows them to put down as little as 3%. 2.) Not So Perfect Credit, That's OK!: Lenders are loosening
Living in an apartment? Expect your rent to go up again. Renting has gotten increasingly expensive over the last five years. The average U.S. rent has climbed 14 percent to $1,124 since 2010, according to commercial property tracker Reis Inc. That's
1. Flying blind Learn the mortgage market before diving in. There are fewer types of mortgages today than just a few years ago, but choosing one that fits you best remains a daunting task. Luckily, reliable mortgage information is at your fingertips.