buy vs rent

buy vs rent Tell Me More About Closing Costs There are fees and expenses associated with mortgages that must be paid by the closing date for closing costs, and pre-paid items, in addition to the down payment.  These amounts can vary according to the type of loan, mortgage company, customary practices of the area, and the terms of the contact. According to Freddie Mac, the […]
buy a house Truths Young Homebuyers Need To Know   For many young or first-time homebuyers, purchasing a home can feel intimidating. It doesn’t have to be. If you’re interested in buying but aren’t sure where to begin, here are three key concepts about homeownership you should understand before you get started. You don’t have to put 20% down. Saving for a down payment is […]
buy a house Why Spring 2022 is the Time to Buy Are you thinking of buying a home? If so, Spring is traditionally a great time to make your purchase. It’s when most sellers decide to list. This Spring, inventory is increasing like usual, but you still need to be prepared to act fast. Here’s why:  More Home Listings, But Still More Buyers With more active […]
buy vs rent Renters Paying Substantially More While Owning Costs Less Renters Paying Substantially More While Owning Costs Less In a recent Blog, CoreLogic reported that rent prices have skyrocketed in recent years. Meanwhile, the typical mortgage payment has actually decreased. ERA Justin Realty’s Grace Tirrito a strong Realtor agent known for her many years of Rutherford and Lyndhurst sales, rentals and listings said, “CoreLogic’s national […]
buy vs rent Buying Is Now 26.3% Cheaper Than Renting in the US Buying Is Now 26.3% Cheaper Than Renting in the US “The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, in 98 of the 100 largest metro areas in the United States,” according to ERA Justin Realty’s Margaret (Peggy) McLaughlin. In the six years […]
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