The worst part of the house hunt, however, isn't the real-estate agents repeating, "Now is a great time to buy!" Nor is it the multiple offers anything half-decent seems to attract. It's the arguing between Alejandro and me whenever we broach the topic of whether it is technically smarter to rent a house or to buy one.
"Renting is just throwing your money away each month!" Alejandro declares.
"Only a moron buys in a place where it's cheaper to rent! How can you not see something so obvious?" I answer, charmingly.
While the columnist lives in Los Angeles, the same considerations apply throughout the country.
CNN Money posted an article last year summarizing the calculations for making such a decision.
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Don’t forget to check your neigbourhood before renting or buying a place ..
ReplyDeleteAre you looking for a peaceful area?First you need to take the help of Great Property In The Mid West and secondly Remember, an Estate Agent is working with the seller to get a maximum sale value (not in case of Great Property)- they will arrange viewings at optimum times. When you view a property, the surrounding area may be quiet and peaceful. Consider what the noise maybe like at times you haven’t been there.