Whether you buy or Rent, you are paying a mortgage

There are some people that have not purchased a home because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize that, unless you are living with your parents rent free, you are paying a mortgage - either yours or your landlord’s. As The Joint Center for … [Read more...]

Steady Rent Payments Invisible to Lender

In credit circles they’re called “invisibles”—50 million people in the United States who have trouble getting a mortgage because they have little or no credit data on file. These invisibles often include people who’ve been responsible over many years for paying their rent, utility, and … [Read more...]

When is it a good time to rent – Not Now

#renting #therighthome #bobwert #remax #lebanonpa #homesforsale People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau … [Read more...]

Landlords Say They’re Raising Prices Again – Time to Buy your Own Home!

Let #bobwert #remax Help You Find #therighthome CEOs of the largest companies renting out single-family homes say they plan to raise rents up to 5.7 percent this year.  Investors are switching their focus from buying properties to optimizing the revenue from the thousands of properties they … [Read more...]

Should I rent my House instead of Selling?

Let #bobwert #remax Help You Find #therighthome A recent study has concluded that 39% of buyers prefer to rent out their last residence rather than sell it when purchasing their next home. The study cites that many homeowners were able to refinance and “locked in a very low mortgage rate in … [Read more...]

Why It Pays to Be a Home Owner

Home owners are building net worth at a pace that is up to quadruple that of a renter. Tips for Renters 10 Ways to Prepare for Home Ownership Tax Benefits of Home Ownership You Don't Need That Much of a Down Payment In the past 15 years, the net worth of the typical home owner has … [Read more...]

Should I rent my House if it doesn’t sell?

A recent study has concluded that 39% of buyers prefer to rent out their last residence rather than sell it when purchasing their next home. The study cites that many homeowners were able to refinance and “locked in a very low mortgage rate in recent years. That low rate, combined with a strong … [Read more...]