YOUR NEXT MOVE

Dated: 09/03/2018

Views: 17

Many choose to rent because they assume they can't afford a home when the reality is that if you are paying rent, you can afford to buy. Consider these financial factors that come with renting:

1. Renewal Fees – It's common for rent rates to increase at renewal.
2. Moving Costs – If you choose to move rather than renew your lease, you'll need to hire movers and buy packing materials.
3. Parking Fees – Many apartments charge monthly fees to have a reserved parking stall.
4. Storage – Many renters lack sufficient storage space and end up needing to pay for storage units.
When you rent, you get little in return. Purchasing a home offers you the benefits of equity, value appreciation and with a fixed rate mortgage, a predictable monthly payment. Who do you know who we could help? We will take great care of anyone you know who is ready for their next move or may be going through the buying process for the first time.
Blog author image

Solomon Thomas

Solomon Thomas and the Minnesota Home Team are your Twin Cities leading real estate experts! Whether you are looking to purchase or sell a home, Solomon will provide you with a positive, enjoyable re....

Latest Blog Posts

YOUR NEXT MOVE

Many choose to rent because they assume they can't afford a home when the reality is that if you are paying rent, you can afford to buy. Consider these financial factors that come with

Read More

7 Water-Saving Tips for Your Yard

http://images.marketleader.com/assets/system/23286821_m.jpg" style="box-sizing: border-box; border: 0px; vertical-align: middle; outline: none; align-self: center !important;" />Looking for a lush,

Read More

Five Ways to Add Appeal to Your Home This Summer!

http://images.marketleader.com/assets/system/12496935_m.png" data-ml-image-type="image" class="" style="box-sizing: border-box; border: 0px; vertical-align: middle; outline: none;" />As summer

Read More

A Handy Guide to Starting a Home Remodel

Apprehension and inexperience keep many homeowners from pursuing renovation projects that would make their homes more functional, enjoyable and comfortable. Getting your hands dirty on the front end

Read More