Category: Real Estate

To Rent or to Buy…? Clarkgym18 Comments

buy-or-rent

The following is a guest post. If interested in submitting a guest post, please read my guest posting policy and then contact me.

Given the current economic state this country and others are currently experiencing, the housing market is showing no signs of improvement. First-time buyers are finding it harder and harder to save up their much needed deposit in order to attain a mortgage, and so are turning to long-term renting instead.

Many people are under the impression that renting can be far cheaper than buying, but is this really the case? Before taking the plunge, you may want to consider your options carefully before signing any contracts…

Buying is Cheaper

The rent rates have been ever growing around the country in recent years, while mortgage rates have actually dropped, meaning that it is much cheaper in the long run to own a house rather than rent. In fact, Halifax has suggested the average person could save up to 16% through buying rather than renting, which is a significant amount.

According to a report by the BBC, it’s even a better option for those living in the notoriously expensive regions in London: one case study found that…

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This entry was posted in Real Estate, and tagged , , Clarkgym18 Comments
By : Adam | 27 Jun 2013
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home-buying-failure

Home Buying – It Ain’t Over Until The Fat Lady Signs

By : Jeremy Biberdorf | 7 Jun 2013

First of all, don’t take offense to the ‘fat lady’ reference. I have no problem with overweight people, but once you hear what this condo seller did to us, you’d be calling her names too. As many of you know my girlfriend and I were …

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sell-a-house

Is it Possible to Sell a House in a Week?

By : Adam | 29 May 2013

The following is a guest post. If interested in submitting a guest post, please read my guest posting policy and then contact me. Families sell their homes for many different reasons. Some people fancy a change and wish to move on to bigger and better …

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reverse-mortgages

What is a Reverse Mortgage Loan?

By : Adam | 23 May 2013

The following is a guest post. If interested in submitting a guest post, please read my guest posting policy and then contact me. A reverse mortgage loan is a Federal Housing Administration (FHA) insured loan for home owners ages 62 years and older that use …

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home-buying-retirement

How Home Buying Fits Into My Retirement Plans

By : Jeremy Biberdorf | 25 Apr 2013

As I get closer to closer to buying my first home, I’m getting pretty excited. It’s not just the extra freedom and satisfaction that I’m excited about though. I’m also excited about how this plays into eventual retirement plans. Many people just think of stocks, …

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first-home-mortgage

Getting My First Home Mortgage

By : Jeremy Biberdorf | 23 Apr 2013

As some of you may recall, my girlfriend and I are in the midst of purchasing our first home. Previously I wrote about the importance of a good realtor and the benefits of quality home inspection. Our home buying story wouldn’t be complete without telling …

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home-inspection-service

Benefits of Quality Home Inspection Service

By : Jeremy Biberdorf | 12 Apr 2013

So we’re one step closer to owning our home! Today my girlfriend and I took half a day off work to be present for the home inspection service. I have to say it was extremely informative. Thanks to having an amazing realtor, we were referred …

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