Rent-to-Own vs. Credit Cards: Which Costs Less?

By Allie Johnson “Renting to own furniture, appliances or even car hubcaps —  that’s the newest  thing — is a bad idea,” says Ed Mierzwinski, federal  consumer program director  for

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Contemplating renting versus buying? A few considerations:

By Eric Santini The decision of whether to rent or buy a home can be a difficult one. When making the decision, it is important to understand the pros and cons

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To buy or not to buy?

This insurance policy can eat up to 2.75% of that down payment immediately. In dollar terms, a home that is $300,000 with 5% down ($15,000) will have an insurance fee of $7,838 — leaving you with only $7,162 equity in the home. If you decide to sell this home a year later and hire a Realtor with fees around $12,500, you would now need to come up with roughly another $7,500 to get out of the home, not to mention the payout penalty that your bank may charge for a fixed rate mortgage which could be another $10,000 — or more or less, depending on how many years you have locked in and current interest rates.

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Difficult to Believe Which Is Cheaper: Housing Markets: Renting Vs. Owning

  by  Russell Legato, Residential Property Analyst Situations in the housing markets: renting vs. owning is more expensive in some parts of the country, but, cheaper in others. Seattle is

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Rent vs Buy: Financial Calculator

Rent vs Buy: Financial Calculator This shows a buyer the advantages of tax savings, appreciation, and principal reduction to lower the cost of owning a home. It is suggested that

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