Dawn's shared items

Friday, September 5, 2014

Renting vs. Owning

Although some renters believe that renting is “maintenance free”, they are actually paying for maintenance in their rent –whether they need it or not.  Renting offers you no equity , no tax benefit, and no protection against regular rent increases.  If you’re paying rent, you’re really just paying someone else’s mortgage.  Let’s compare.

 

                                                       Rent      vs.       Own


Monthly Payment               $1,000               Monthly Payment               $855

Insurance                               $30                       Insurance                                $50

Taxes                                       $0                          Taxes                                         $260

                                                                                   MIP Insurance                      $45      

Total Payment           $1, 030               Total Payment                $1,210

Savings


Interest Deduction                      $0                Interest Deduction             $175

Tax Deduction                              $0                Tax Deduction                      $75

                                                                                   After Tax                        

Net Monthly Payment    $1,030     Net Monthly                $960

                                                               Payment

 

Thursday, September 4, 2014

Fall Seasonal Maintenance Guide


                               

                                   
                                                                               

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                                                        Midwest Winterization
                                                   

                                                   
                                                       
                                                   
                                               

                                               
                                               
                                               

    Fall & Winter Seasonal Maintenance Guide -- Midwest


                                               
    If you live in the Midwest, here are maintenance jobs you should complete every fall and winter to prevent costly repairs and keep your home in peak condition. Read

                                               

                                           
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Visit houselogic.com for more articles like this.

                                       
Copyright 2014 NATIONAL ASSOCIATION OF REALTORS®

                                   

                               

                            If you or anyone you know is looking to buy, build or sell feel free to contact me at 317-807-1568, or by email at dawnwhalen@remax.net Dawn Whalen, Realtor RE/MAX Select Serving Your Family Needs First