Buying vs Renting

Buying vs Renting

 

The one sure thing about rent is that is going to go up almost every year and your payment will only go up if there is property tax increases. Also your home will probably gain about 3% per year in value over the life of the loan, which will raise the value of the property. 

 At today’s remarkably low interest rates, buying is the only sensible choice.


Ruben Escobedo Headshot
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Phone: 915-401-0873
Dated: April 1st 2013
Views: 2,563
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