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Saturday, March 28, 2009

Buy or rent?

As a buyer you need to consider the market before deciding whether or not to purchase a home. Several considerations are the rate of market decline, how much you are paying for rent and the length of time you plan to own the property.

I finally found a calculator that allows you to factor in depreciation when purchasing a property. Here it is, courtesy of the New York Times.

 http://www.nytimes.com/2007/04/10/business/2007_BUYRENT_GRAPHIC.html?_r=2

 

MaryAlice Short

MN & WI Realtor, MBA

Remax Advantage Plus

MN Real Estate Team - The #1 MN Remax Team 2006-2008

1170 15th Avenue SE #302

Minneapolis, MN 55414

Office Hours 8:30 AM to 5 PM Mon-Fri

www.MNForeclosureMoney.com

www.MaryAliceShort.com

 

Posted By: Ryan O'Neill @ 5:34:20 PM

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