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A guide to choosing wallpaper for your new baby that he won't hate when he's 4 years old.
Disney Babies, Elmo and friends, little ducklings, Beatrix
Potter, Noah's Ark, Candyland jungles, sailboats and stars and
moons and teddy bears and choo-choo trains - and those are just
a few of the thousands of wallpaper patterns that are...
An In-Depth Review of Popular Air Purifiers -
There are at least fifteen major brands promoting air purifiers. Below you will find condensed air purifier reviews for four of the most popular brands:
Oreck Air Purifiers
The Oreck Super Air 8 Air Purifier uses four different technologies...
Garage Floors - Let's Look at your Options
Garage Floors have come a long way. During the last decade the advances in plastics, paints, epoxies, polymers and many other related products has led to the introduction of a whole new arena of products that may be used to coat, cover and enhance...
How To Install Professional Looking Porch Railings
Designing A Professional Porch Railings
If you plan to install a professional looking porch railings for the first time you want to ensure you do it right the first time. This requires among other things proper design and proper planning....
Kitchen Improvements - Plan, Plan, Plan
Planning is the first step to improving your kitchen. Fail to plan and you could face problems with the new look of the kitchen, not to mention your wallet.
Kitchen Planning
We've come a long way from the old days when kitchen planning...
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Renting Versus Buying A Home
Renters are often in a quandary as to whether it makes sense to continue renting or buy a home. Buying a home makes more sense, particularly when taking a long-term view. Yes, even in the current hot real estate market.
Renting – Advantages
Renting can have a few advantages depending on the part of the country you live in. The primary advantage is your monthly rent payment may be less than an equivalent mortgage. A secondary advantage is the fact that maintenance and improvements to the property are the responsibility of the landlord. Still, these advantages pale in comparison to the disadvantages of renting.
Renting – Disadvantages
The disadvantages of renting are significant. If you have any opportunity to purchase a home or condominium, it almost always makes sense to do so.
The biggest disadvantage of renting is the loss of value. Assume you rent a residence for $1,000 a month and you live in the residence for two years. You will have paid a total of $24,000 in rent, a pure expenditure. The $24,000 is simply gone and you will have nothing to show for it other than the time you spent in the home. Compare this to what your landlord has gained.
Rent payments are closely aligned with a landlord’s mortgage payment. Using the above example, lets assume your $1,000 rent exactly equals the mortgage payment. For two
years, you have indirectly paid the landlord’s mortgage, helping them build equity in the house by paying down the loan. In addition, the landlord has benefited from the appreciation of the property.
By appreciation, I simply mean the amount of increase in the value of the house. If the rental appreciated $20,000 in two years, the landlord has received a windfall. They may have seen a gain of $24,000 in appreciation and payments lowering the mortgage. As a renter, you have made this all possible. The landlord no doubt would like to thank you.
Now, what would have happened if you had purchased a similar home with similar financial figures? You would have seen an increase in YOUR wealth of $24,000, not the landlord’s wealth. If you renting, these figures should make your teeth grind.
If you are renting, you should be out shopping for your own property. After all, isn’t it time to make your money work for you, not a landlord?
About the Author: Raynor James is with http://www.fsboamerica.org - an online site providing national exposure for sellers listing properties and a database of properties for buyers.
Source: www.isnare.com
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