Pinecrest Florida Real Estate and More...: To Buy or to Rent, That is the question

To Buy or to Rent, That is the question

In these times I get asked that question so often.  If your rent would be $1,000 to maybe $2,000 per month, renting would be OK.  But in Pinecrest, the average lease is $5,000 per month. When clients ask me whether to rent or buy, first I ask them if they plan on staying in the area for at least two years. If they are, I let them know that a years' lease will cost them $60,000.

When you take into account what leasing will cost and the tax advantages of owning your home. It usually makes financial sense to buy - even if the market goes down a bit more, you will probably still come out ahead. And who can put a price tag on the pleasure of home ownership!


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Broker Associate, ABR,CIPS,GRI,TRC        

Celebrating My 21st Year in Real Estate

Coldwell Banker 

12651 South Dixie Hwy

Pinecrest (Miami), FL 33156


Pinecrest Florida   ~ My Website   ~   Pinecrest Homes For Sale

Comment balloon 0 commentsMarie Story • November 29 2007 08:35PM