Buy vs. Rent?
Good morning. Since it’s Memorial Day weekend, I’m going to keep this short.
A couple of days ago, The NY Times posted an interactive calculator to help you determine whether you should buy or rent a home. This is the first tool I have ever seen that incorporates almost every possible variable you can think of when trying to determine the right move to make – should you buy your home or should you rent a home?
Buy vs. Rent is an age-old question and one that every family thinks about, at least once during their lifetime – but typically a few times. It’s a big decision – and not just financially. There are so many other qualitative factors to consider as well. And the latter factors are typically the deciding factors in the end, sometimes regardless of what the numbers tell you. I’m not saying this is the way it should be, since everyone has different reasons for doing what they do. All I’m saying is that most people, if they can in fact afford to buy a home, will do so even if the “math” says to rent a home instead of buying one.
Take a look at the tool. It’s fantastic. Regardless of your ultimate decision, if you are looking at buying a home, or listing your home and then making the obvious next move of buy or rent, you really need to see this.
Even though I’d prefer to have a client buy a house vs. rent a house, in the end, I want to provide the right tools to my clients so that they are happy clients. I really believe it will benefit me much more if I provide all of the information necessary for my clients to make the right decisions for their own personal needs and financial situations. I believe in total transparency…and I think my past clients have been very happy with their respective decisions based on my guidance.
You can take a look at the Buy vs. Rent tool by clicking here. Enjoy your day.
Good morning. Since it’s Memorial Day weekend, I’m going to keep this short.
A couple of days ago, The NY Times posted an interactive calculator to help you determine whether you should buy or rent a home. This is the first tool I have ever seen that incorporates almost every possible variable you can think of when trying to determine the right move to make – should you buy your home or should you rent a home?
Buy vs. Rent is an age-old question and one that every family thinks about, at least once during their lifetime – but typically a few times. It’s a big decision – and not just financially. There are so many other qualitative factors to consider as well. And the latter factors are typically the deciding factors in the end, sometimes regardless of what the numbers tell you. I’m not saying this is the way it should be, since everyone has different reasons for doing what they do. All I’m saying is that most people, if they can in fact afford to buy a home, will do so even if the “math” says to rent a home instead of buying one.
Take a look at the tool. It’s fantastic. Regardless of your ultimate decision, if you are looking at buying a home, or listing your home and then making the obvious next move of buy or rent, you really need to see this.
Even though I’d prefer to have a client buy a house vs. rent a house, in the end, I want to provide the right tools to my clients so that they are happy clients. I really believe it will benefit me much more if I provide all of the information necessary for my clients to make the right decisions for their own personal needs and financial situations. I believe in total transparency…and I think my past clients have been very happy with their respective decisions based on my guidance.
You can take a look at the Buy vs. Rent tool by clicking here. Enjoy your day.
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