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!

 

Marie StoryMarie StoryMarie Story QR Code

Broker Associate, ABR,CIPS,GRI,TRC        

Celebrating My 21st Year in Real Estate

Coldwell Banker 

12651 South Dixie Hwy

Pinecrest (Miami), FL 33156

305-776-0010

Pinecrest Florida   ~ My Website   ~   Pinecrest Homes For Sale

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

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