UtahCribs Weblog

Real Estate, Homes, News, Statistics and more

Why Rent when you can BUY

Posted by UtahCribs, Real Estate, Homes on August 26, 2009

Another great article in reference to “Why Rent when You can BUY”. Prices are low, interest rates are low, tax incentives are great! Why not? Now there are many reasons why one should or shouldn’t. Bottom line if your finances are in order, and you have a down payment, because in today’s world FHA financing is often times the only option for first time home buyers. That would be roughly on average 3.5% of the purchase price. Now if you are not going to do an FHA loan you will need to put any where from 10 – 20% down. That is the only little fact this article didn’t point out. So keep that in mind as you read this article.

Based simply on the many different articles that are coming out in relation to Buying a home in todays market, I would say this is good news.

Why Rent When You Can BUY!

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