Posts Tagged ‘city purchase’
Buy or rent
We found in many places on the Internet tests which you can find out what is smarter, buy or rent.
Usually it comes down to you, if you do not explicitly specified that you have no problem with that monthly money to throw away should always buy. This is really a much too rosy presentation of the facts, because there are enough reasons for a house to rent.
When you buy a house you always pay, in addition to the purchase price, about 8% to 10% cost you when you sell the house immediately lost. Ideally, the house until you sell the house as more money has become, or you have 10% equity built up. Therefore, we would never buy a house if we do less than one year or 5 would want to live.
