There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family. Others may think they are too young. And still others might think their current […]
The COST of Renting vs. Buying
Please keep in mind that every U.S. market is not the same. To find out if your market is a rent or a buy market, visit the Beracha, Hardin, & Johnson Buy vs. Rent Index. Some Highlights of this Infographic: Historically the Percentage of your income needed to afford a home vs. renting was a much […]
Rent vs. Buy – Buy, Buy, Buy…
Is it better to rent or buy in the current housing market? The answer to that question all depends on your location and personal situation. There are certain situations where renting short term probably makes sense. It may make sense if you are retiring to a different part of the country and are not yet […]
Rent can NOW BOOST your credit score!
On-time rental payments now help boost credit scores In the past, only negative rental payment data such as evictions and collections were reported to consumer reporting agencies. Therefore, your on-time rental payments never helped boost your credit scores, unlike credit card, mortgage or car payments that help raise credit scores when paid on time. But this has […]
