Are You Ready to Buy a Home?

[dsvalpo]

Several incorrect statements: Renting does not always cost more than buying. There are no capital gains taxes on home sale profits.

[JuanPapaNicolao]

Lets be real who really wants to pay a mortgage for 30 years THATS LIFE MAKING PAYMENTS

[ExpertRealEstateTips]

Home maintenance and real estate taxes are extremely expensive in most parts of the country. But if there was ever a time to be a real estate investor, it is now. Foreclosures have pushed home prices down, but in some cases, rental rates haven't fallen by as much. @moniequa, thanks for your comment.

[moniequa]

She is right, owning a home costs more than renting even the mortgage and rent are the same. This is especially true, when the house buy is old, you will need to pay for lawn care, repairs, maintenance, trash/water, and pool (if you have one). These things can add up to hundreds of dollars. But don't take our words for it, you should buy and experience it for yourself.

[ExpertRealEstateTips]

It has never been more true - if you owned a home (bought it in 2006 to 2007), you're probably now underwater with your mortgage. Fairly expensive proposition, I'd say. Buying a home does come with some risk and real expenses. If you had to rely solely on rental income to make it work, not that many folks would be able to. My 2 cents only, of course. Ilyce

[CashBackAtEbay]

Sorry Elyce, re-do this video. One fallacy I must debunk the statement that "Owning a home costs more than renting an apartment." If that were true then you would not have any renters. Do you think real estate investors subsidize renters? You lost a chunk of my respect with your rhetoric. Sorry.