The Effect of Record Foreclosures
When you have record numbers of foreclosures like the United States has had over the last few years, you get record numbers of renters. The most amount of people in history have been losing their homes to foreclosure, when this happens the person: A. Doesn’t have a place to live B. Has bad credit C. [...]
Rent vs. Buy 2010
The rent vs. buy calculator was traditionally used by realtors and mortgage lenders as a way to show you the benefits of homeownership. These include building equity, getting a tax write-off and appreciation of the property. These numbers always skew in favor of purchasing a home instead of renting, which is what they want you [...]
As Home Prices Decline, it is a Great Time to Invest in a Rental Property
In Manatee County home and condominium re-sales rose in October. However, there’s still a debate about the housing market recovery. According to the Florida Association of Realtors, sales of existing single-family homes in the Sarasota-Bradenton market rose nearly 50 percent in October compared to the same month a year ago. Sales of previously-owned condos also [...]
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