Posts with tag 'Buying'
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Real Estate Advice from a Billionaire
"The best deal investment you can make is to buy a primary residence that you're the owner-occupier of"
Great advice for today's prospective buyers from Billionaire John Paulson! Among Paulson's explanations on the benefits of purchasing featured in this KCM Blog article, he explains:
"And you've locked in the cost over the next 30 years. And today the cost of owning is somewhat less than the cost of renting. And if you rent, the rent goes up every year. But if you buy a 30-year mortgage, the cost is fixed."
Contact a Lawyers Realty market expert (717-364-3000) to guide you through the home buying process and help you make your investment!
19
Buying vs. Renting: Which is cheaper?
According to the Trulia Rent vs. Buy Archives it is over 38% cheaper to buy than rent in most metro areas in Pennsylvania. They report that their studies find that buying remains cheaper in all 100 top Metro areas across the United States. However, mortgage rates have slowly risen which has slightly narrowed the gap. Buying vs. Renting is a hyper local comparison because each market is driven by different forces. The cost of buying in Detroit is less than Pennsylvania, and much less than California.
Check out Trulia's nationwide index:
If you are currently renting, check out Trulia's Rent vs. Buy calculator for your situation and contact a Lawyers Realty Real Estate Profe...
20
Harvard’s 5 Financial Reasons to Buy a Home
Have you been thinking about buying a home? Here are five good reasons published on the KCM Blog from Eric Belsky, Managing Director of the Joint Center of Housing Studies at Harvard University. He published a paper on homeownership - The Dream Lives On: the Future of Homeownership in America in which he detailed the points below:
1.) Housing is typically the one leveraged investment available.
"Few households are interested in borrowing money to buy stocks an...
14
OPEN HOUSE at 908 Hertzler Rd, Mechanicsburg, Sunday May 18, 1-3PM
Come and explore this modern 4,696 Sq. Ft. home nestled in a 5+ acre wooded lot in Upper Allen Township, Mechanicsburg School District. Many elements in this open concept design are perfectly suited for entertaining or just quiet relaxation. Offered at $750,000. OPEN HOUSE, May 18 from 1-3PM, Hosted by Scott Liebel 717-773-5067
20
JUST LISTED: 5107 Mountain Ridge Lane, Harrisburg
Elizabeth Statler JUST LISTED this amazing custom executive home in Fishing Creek Estates, Middle Paxton Township. No detail was overlooked in this Stunning 1-level luxury property. Style and Privacy can be yours in this 3 Bedroom, 3.5 Bath home! Chef's Kitchen with Custom Cabinetry, Quartz Counters, Thermador appliances and 2 pantries. Sumptuous Master Suite with His/Hers Walk-in-Closets and Beveled Glass Pocket Doors. Wide-Plank Cherry Hardwood Floors and Plantation Shutters throughout. Finished Walk-out Lower level with Kitchen and Full Bath for possible In-law...