Columbus OH – The good news about the housing
bust is that home prices are now more affordable. It is now cheaper to buy
versus renting in many areas.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
“At the peak of the real
estate bubble, cities like Miami, Phoenix and Las Vegas were not
affordable for many. Now the opposite is true,” said Pete Flint, co-founder and
CEO of Trulia.com.
“Home sellers in these hard hit areas are forced to lower their prices to
compete with all the foreclosures
on the market. As a result , these unattainable markets are so affordable it
makes better financial sense to buy than rent.”
Here is how to calculate whether it will be cheaper for you to
buy versus rent.
First, add up what you are paying for rent now. Add together your rent payment
and what you pay for renter's insurance. That is the monthly cost of renting.
Now, let's add up the cost of home ownership. First, you have the monthly
mortgage payment. Add in Home Insurance, Property Taxes, and any Homeowner's
Association Fees.
Now, subtract out the tax savings. To calculate that, take what you will be
paying monthly for interest and property taxes. Multiply that by your combined
state and federal tax rate.
That is your projected tax savings. Now you have the cost of homeownership and
renting side by side to compare. This is good news if you are a home owner.
Why? It means that we are closer to a real estate recovery.
Are you or someone you know looking to purchase a home? I will work to help you
get the best deal. Send me an e-mail for a list of the 10 best deals in today's
market.
Thinking about a short sale? I can help you short sale your property and get
back on your feet. Send me an e-mail at robin.lemmons@kingthompson.com.
I will contact you for a free consultation.
When we talk, I will explain how the process works in detail and answer any
questions you may have. Or, if you prefer, you can call me at 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Rick and Robin Lemmons.
Rick and Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Rick & Robin Lemmons specialize in helping Columbus Homeowners short sale
and never pay the bank another penny. Columbus Loan Modification Help, Columbus
Short Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus
OH Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick and Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed by the government or your
lender. Most lenders willingly work with agents on short sales. Why?
Because most short sales are beneficial to a lender. If you accept our offer to
help you on a short sale, your lender may not agree to a short sale or to
modify your loan. We do offer a loan modification kit.
However, the likelihood of negotiating a modification is like everything else
in life. It takes work and persistence to convince your lender to modify your
loan. No matter what you or we do, your lender may not approve a loan
modification.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. Because we know
avoiding foreclosure is so important to any homeowner, we recommend that you
speak with the appropriate legal or tax advisor before making any decision.
This is not intended as legal, technical, or tax advice. Please speak with a
licensed professional before making any decision. Information is deemed
reliable but not guaranteed as of the date of writing.
You have the option to reject a short sale or loan modification from your
lender if it does not meet your approval. If you decide not to go thru with the
short sale, then you do not have to pay us our fee. We normally make a real
estate sales commission for helping you on a short sale.
The views expressed here are Rick and Robin's personal views and do not reflect
the views of Coldwell Banker King Thompson.
This information on With Home Prices Dropping, In Many Parts of Columbus It Is
Cheaper to Own Than Rent is provided as a courtesy to our viewers to help them
make informed decisions.
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