Rents Keep Going Up You Keep Renting Stop

Dated: 08/14/2014

Views: 407

As the following article shows renting an apartment or leasing a house or condo, prices are skyrocketing and guess what you still have nothing to show for it except receipts. As I tell my clients who are interested in Brentwood, Pacific Palisades or Santa Monica Real Estate or for that matter all over West Los Angeles if you are paying $1500 or more stop.

With interest rates in the low 4.00's ( and as I mentioned in my previous blog, that goes for conforming and jumbo) your monthly payments will get much more bang for your buck than your rental and you will get tax benefits. 
Do not think because it is a sellers market and prices are high that you are priced out... It is not about the house price it is about the interest rates. Having trouble with the 20% down? There are low down programs out there. Call me at 310.505.5571 and lets discuss options to a drawer full of receipts
Here is the link to the article and have a great evening
http://goo.gl/qtgRRB
 
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Robert Schmalz - BRE 01813025

DBA "West Los Angeles Real Estate Group" ....

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