Friday, July 3, 2009

Buying a Home in San Antonio VS Renting

Many would be home buyer's are sitting on the fence in a rented home or apartment thinking they should wait until the economy gets better before buying a house....well I think they should be more educated about their concerns.
Waiting because of a fear of loss or reduction in income stream is the only valid reason I can think of for waiting.
With property values steady and interest rates still low, the possibilities of a mortgage payment being the same as or about the same as a rental payment are quite good.
Running a rent vs buy comparison, most people are way ahead of the financial game by buying a home and having that investment as the years pass...and they have an asset they can sell at the end of those same years of money out the window...make sense?
For more information or a free San Antonio home search go to www.HollyGHomes.com or email me at hollyg@kw.com.