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Brandon L. Cohen April 23, 2014 at 07:04 am
I think purchasing a home always makes sense; simply for the point of your literally giving away 1/4Read More of your cash flow. With a mortgage you're at least building your own equity. In NYC, especially now, the market is almost always on the upswing. Granted the downpayment of 20% is a chunk of change, but my mortgage and maintenance is less than I was previously paying in rent.
Southeast Side April 23, 2014 at 02:30 pm
A home is not an investment. It is a lifestyle choice.
Walter Wnuk April 23, 2014 at 07:24 pm
You cannot borrow against the equity in your rented space/dwelling. After 30 years of rent you haveRead More zero equity. Not really a choice to me. Pride of ownership is also something you cannot get from renting. For those that move frequently I see the allure of renting. Those who stay in one place should consider buying. Tax benefits alone make buying a better choice.
Camilla Moore April 8, 2014 at 08:07 am
I have two listings in Palatine for sale but I don't see either one of them on your site in the realRead More estate section. They are both on Zillow. The address is 1266 S Falcon Dr and 1021 W Bogey Lane. Thanks for a response please.