Realty Executives NY: Buy or Rent

Should You Continue Renting or Should You Purchase?

You’ve thought about it.  Why should I be paying rent when I could own a place of my own.  However, you can’t decide if that is the best option for you financially.  So what should you consider before making the switch between renter and buyer?

buy rent

You need to consider the initial costs that come from both renting and buying.  How much are you will to pay monthly and how long you intend to stay in your house.  These both affect your monthly mortgage payment.  The New York Times has a great article with interactive graphs that adjust to how much you intend to pay.

New York Times Link

If you choose to buy give on of our Realty Executives Offices a Call!

Realty Executives 1st: 129 Broadway, Lynbrook, NY : 516-881-7700

Realty Executives Today: 32-56 Steinway Street, Astoria, NY 11103: 718-274-2400

Realty Executives Landmark: 77 West Merrick Rd, Freeport, NY 11520: 516-535-077

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s