Renting Versus Owning
An article by Margaret Jackson in Sunday’s Denver Post suggests that many renters are tripling up. She cites a survey by MyNewPlace.com that shows searches for one bedroom apartments have fallen dramatically with three bedroom apartments have escalated. While renting is one option owning your own home has many advantages over renting; tax deductions and equity growth being two of the major ones. Add the First Time Homebuyers Tax Credit and owning becomes even more attractive. Talk to a mortgage lender to see if you qualify and then give me a call.