Comments on: Should I Rent or Buy a Home? http://www.bankaholic.com/finance/should-i-rent-or-buy-a-home/ Blogging about personal finance, foreclosures, mortgages, interest rates, and budgeting. Tue, 16 Mar 2010 17:23:01 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: John http://www.bankaholic.com/finance/should-i-rent-or-buy-a-home/comment-page-1/#comment-2879 John Sat, 02 Aug 2008 23:50:21 +0000 http://www.bankaholic.com/finance/should-i-rent-or-buy-a-home/#comment-2879 Great article. Renting is often better than buying. ____________ http:/www.mortgage-lender-reviews.com Great article. Renting is often better than buying.

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]]> By: No one can really answer this question http://www.bankaholic.com/finance/should-i-rent-or-buy-a-home/comment-page-1/#comment-566 No one can really answer this question Mon, 14 Jan 2008 18:31:07 +0000 http://www.bankaholic.com/finance/should-i-rent-or-buy-a-home/#comment-566 rent or buy in NYC is really tough question and the price of homes have not gone down in NY ....it sucks I need more space , and more money I am scared that I may bit too much than I can handle besides I am still young I dont want to feel tied down to my job bc I need to pay my mortage .... rent or buy in NYC is really tough question and the price of homes have not gone down in NY ….it sucks I need more space , and more money I am scared that I may bit too much than I can handle besides I am still young I dont want to feel tied down to my job bc I need to pay my mortage ….

]]> By: High yield savings account http://www.bankaholic.com/finance/should-i-rent-or-buy-a-home/comment-page-1/#comment-222 High yield savings account Fri, 19 Oct 2007 18:19:13 +0000 http://www.bankaholic.com/finance/should-i-rent-or-buy-a-home/#comment-222 [...] people, buying their home makes the most sense, and for others, renting is best. The decision as to buy or rent a home has to be based on many factors. For me I should first need to determine whether I can afford to [...] [...] people, buying their home makes the most sense, and for others, renting is best. The decision as to buy or rent a home has to be based on many factors. For me I should first need to determine whether I can afford to [...]

]]> By: Lori http://www.bankaholic.com/finance/should-i-rent-or-buy-a-home/comment-page-1/#comment-152 Lori Wed, 19 Sep 2007 20:26:29 +0000 http://www.bankaholic.com/finance/should-i-rent-or-buy-a-home/#comment-152 The reason that I read this in the first place was we need to decide in today's market which is better. With home prices going down it only makes sense that you aren't going to build equity right now. As far as needing a tax break - not necessarily true. If you pay mostly cash for your house you may be losing a higher tax break BUT the money you save (in interest) far outweighs any tax break. In other words if you pay $1500/mo interest vs. $500 it is better to have the $1000/mo in your pocket or for investments rather than get a meager so-called tax break. Still looking for an answer as to buy vs. rent in TODAY'S market. The reason that I read this in the first place was we need to decide in today’s market which is better. With home prices going down it only makes sense that you aren’t going to build equity right now. As far as needing a tax break – not necessarily true. If you pay mostly cash for your house you may be losing a higher tax break BUT the money you save (in interest) far outweighs any tax break. In other words if you pay $1500/mo interest vs. $500 it is better to have the $1000/mo in your pocket or for investments rather than get a meager so-called tax break. Still looking for an answer as to buy vs. rent in TODAY’S market.

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