Renting vs. buying in the Raleigh-Durham, NC area has lots of different variables to consider. It typically depends on what your preferences are. Are you in a place to own a house/townhouse or simply rent? Do you understand that you’ll be incurring maintenance costs with owning a home, as opposed to the maintenance being done by the landlord for you? These are just some of the questions you need to ask yourself when you’re deciding what your living arrangement will be. Just like any city or town, there are such wide varieties of places to live, that it’s like a smorgasbord.
Let’s look at some facts to help you decide which type of living arrangement you want:
In home buying vs. renting, there is the mortgage interest rates to consider. And how long you will be paying on the mortgage. For the National Mortgage Interest Rate, it varies from bank to bank, but to read more, visit: http://www.bankrate.com/national-mortgage-rates/ There are many variables in renting vs. buying and as with owning a home, there are costs associated with the purchase of one. For more information about real estate closing costs and how we can help, please contact Chris Anglin at Anglin Law Firm, 919-813-1516.Social tagging: Anglin Law Firm > apartment > bank rates > Chris Anglin > home > home buying > mortgage > mortgage interest rates > Raleigh > Raleigh-Durham > real estate closing > real estate closing lawyer > real estate market > rent > renting