Rent vs. Buy

Hesitant about making the decision to buy vs. rent? Here are some helpful things to think about while weighing the options:

1. How much are you allocating to your rent? Renting is practically throwing money away that you will never see again. Why not buy, and invest the same amount in an asset. Don't believe me about pay the same amount? Go to this mortgage calculator and compare the prices of renting vs. buying:

http://www.mortgage-calc.com/mortgage/rentvsbuy.html

2. First time buyer? Remember that you are eligible for an $8,000 Federal Housing Tax Credit. Learn more about this opportunity:

http://www.federalhousingtaxcredit.com/2009/faq.php

3. There are deals to be had. Owners and investors alike are being impacted by these tough economic times. Buyers have the upper hand in negotiation, which makes the buying process much smoother and quicker.