Buy Vs Rent

Buy vs Rent

This is a pretty exhausted evaluation of whether you should buy or rent.
A Ready Associate will also be available to help you decide for your own special needs, if buying or renting will be the best choice.  Call or email us today, we are READY to help.

Your Path to Homeownership



NY Times variable guide:



What price home can you afford:


How much will my monthly payments be:


What sort of information do I need to get started:
Am I financially ready to buy?


What qualifications will a mortgage company be looking for?


Tax Benefits:


Personal Benefits:

A home of your own might also give you some of these unmeasurable benefits:

Sense of stability
Privacy
Outdoor space - Garden
Basement for storage or work area
Chance to design your own space and make changes the way you want
Large kitchen
Equity
Tax Savings
School District
Garage/ Parking

Some Questions you might want to ask yourself:


1. Are you starting to wonder what your home is worth? 
 YES NO
2. Do you think about selling?  
YES NO
3. Is your home now unsuitable for your family requirements?   
YES NO
4. Do you want a complete change?  
YES NO
5. Would you like to live in a different area?
     YES NO
6. Are you unhappy with your neighborhood? 
  YES NO
7. Are you starting to look around at other properties? 
 YES NO
8. If you could renovate your home to meet your requirements would you hesitate to get a loan to do it?
  YES NO

How many times did you answer YES? ……………. Now let’s check your score:

0 to 1 YES answers: It looks like you’re pretty happy with your home and there’s not a lot of reason to move at the moment.

2 to 4 YES answers: You may not be ready to sell right at this moment, but you are developing some good reasons to do so in the near future. Now is the time to start planning your next move.

5 to 8 YES answers: You’re really busting to move! You’ve got some very powerful reasons to sell and now is the time for action! 

It really comes down to how motivated you are to sell. Everyone has a different reason for selling and it is usually one of the first questions a buyer will ask. Your level of motivation will be the driving force as to how quick, how negotiable, or how flexible you are with the sale of your home.