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Millheiser Real Estate

Monday, January 9, 2017. Rent or Buy - You Pay for the House You Occupy. The ironic thing about people who think they can’t afford to buy a home for themselves, end up buying the home for their landlord. There are several facts that support this notion. In most cases, the mortgage payment including taxes and insurance will be lower than the rent tenants are paying. Some experts are saying that we may never again experience the incredibly low mortgage interest rates currently available. Credit history fol...

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Monday, January 9, 2017. Rent or Buy - You Pay for the House You Occupy. The ironic thing about people who think they can’t afford to buy a home for themselves, end up buying the home for their landlord. There are several facts that support this notion. In most cases, the mortgage payment including taxes and insurance will be lower than the rent tenants are paying. Some experts are saying that we may never again experience the incredibly low mortgage interest rates currently available. Credit history fol...
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Millheiser Real Estate | millheiser.blogspot.com Reviews

https://millheiser.blogspot.com

Monday, January 9, 2017. Rent or Buy - You Pay for the House You Occupy. The ironic thing about people who think they can’t afford to buy a home for themselves, end up buying the home for their landlord. There are several facts that support this notion. In most cases, the mortgage payment including taxes and insurance will be lower than the rent tenants are paying. Some experts are saying that we may never again experience the incredibly low mortgage interest rates currently available. Credit history fol...

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Millheiser Real Estate: Rent or Buy - You Pay for the House You Occupy

http://millheiser.blogspot.com/2017/01/rent-or-buy-you-pay-for-house-you-occupy.html

Monday, January 9, 2017. Rent or Buy - You Pay for the House You Occupy. The ironic thing about people who think they can’t afford to buy a home for themselves, end up buying the home for their landlord. There are several facts that support this notion. In most cases, the mortgage payment including taxes and insurance will be lower than the rent tenants are paying. Some experts are saying that we may never again experience the incredibly low mortgage interest rates currently available.

2

Millheiser Real Estate: December 2016

http://millheiser.blogspot.com/2016_12_01_archive.html

Monday, December 26, 2016. This is going to be the year". Every year, it seems like the same things are on the list but this could be the year you really do invest in a rental home. Rents are climbing, values are solid and mortgage rates are still low for non-owner occupied properties. A $150,000 home with 20% down payments can easily have a $300 to $500 monthly cash flow after paying all of the expenses. Millheiser Group at Dave Perry-Miller Real Estate. Monday, December 19, 2016. In 1966, a gallon of g...

3

Millheiser Real Estate: Time May Be Running Out

http://millheiser.blogspot.com/2016/12/time-may-be-running-out.html

Monday, December 5, 2016. Time May Be Running Out. During the Great Recession, some homeowners elected to rent their home rather than sell it for less than it was worth. IRS tax code allows for a temporary rental of a principal residence without losing the exclusion of capital gain based on some specific time limits. During the five year period ending on the date of the sale, the taxpayer must have:. Owned the home for at least two years. Lived in the home as their main home for at least two years. A $20...

4

Millheiser Real Estate: Facts or Myths

http://millheiser.blogspot.com/2017/01/facts-or-myths.html

Monday, January 2, 2017. Ldquo;It’s impossible to get low down payment loans.” – MYTH! FHA down payments are 3.5% and VA is 0%. In some areas, there may be some 0% down payment USDA loans available. FNMA and Freddie Mac have 3% down payment programs. Ldquo;It takes perfect credit to get a loan.” - MYTH! There is a relationship of better rates to better credit but many issues on a credit report can be explained or corrected. The way to know for sure is to speak to a reliable lender. Reliable lending profe...

5

Millheiser Real Estate: Can 0.5% Really Equal 5%?

http://millheiser.blogspot.com/2016/12/can-05-really-equal-5.html

Monday, December 12, 2016. Can 05% Really Equal 5%? Since the election, rates have started going up and it will have a direct effect on the cost of housing. There is a rule of thumb that a ½% change in interest is approximately equal to 5% change in price. As the interest rates go up, it will cost you more to live in the very same home or to keep the payment the same, you’ll have to buy a lower priced home. Millheiser Group at Dave Perry-Miller Real Estate. Subscribe to: Post Comments (Atom).

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Millheiser Real Estate

Monday, January 9, 2017. Rent or Buy - You Pay for the House You Occupy. The ironic thing about people who think they can’t afford to buy a home for themselves, end up buying the home for their landlord. There are several facts that support this notion. In most cases, the mortgage payment including taxes and insurance will be lower than the rent tenants are paying. Some experts are saying that we may never again experience the incredibly low mortgage interest rates currently available. Credit history fol...

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