No Thanks, I Think I'll Just Rent

By
Real Estate Agent with Keller Williams Real Estate ( Denver metro area, Colorado EA1321548

~ No Thanks, I Think I'll Just Rent ~

real estate in south AuroraIt bothers me when I hear this comment.  This usually comes from the mouth of someone that is not fully educated on the current market.  As I explained in an earlier post, Should I Buy or Should I Rent a Home in south Aurora?, now is the perfect time to purchase a home.

The average sales price for a home in south Aurora that has between 1000-1400 square feet with 3 bedrooms and 2 bathrooms sold for $133,264 in September 2011.  The payment, based on an FHA loan, with the minimum 3.5% down, of $4665 and at 4% interest, would be less than $950.00 a month.  (That payment would include principle, interest, taxes, hazard insurance and mortgage insurance.) 

According to a local property manager, to rent a similar property in south Aurora, one would be spending between $900 to $1275 per month.  Yes, by renting one has the freedom of not being "tied down" to one place for a long time, but looses the pride of home ownership and the tax deductions one receives when they own a home.

If this post is making you think twice about your decision to rent, contact Dawn Fabiszak, and put her 18 years of experience to work for you.  She has been a full time real estate professional and is very familiar with homes and condos in south Aurora.

 

***** For more reasons why it's a great time to purchase a home in south Aurora, read,  I'm Waiting for Prices to Hit Rock Bottom!

 

Posted by

 

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Keller Williams Real Estate, LLC

Broker Associate, CNE, CRS, GRI, SFR

Servicing buyers and sellers in the Denver metro area since 1993

Three easy ways to contact me:

email me directly Dawn@downhomeindenver.com

visit my website to search for homes or find the value of what your home is currently worth visit: www.DownHomeInDenver.com

call or text me directly on my cell: 303-332-8025

The choice is yours.  Let my expertise work for you!  Servicing the Denver Metro area/ Aurora, Centennial, Denver, Englewood, Greenwood Village, Littleton, Lone Tree and Parker

*** Voted one of Denver's 2011, 2012 & 2013 "FIVE STAR REAL ESTATE AGENTS" by an independent survey of recent homebuyers to find the best in client satisfaction.***

                                               

 

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Topic:
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Colorado Arapahoe County Aurora
Groups:
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POSITIVE ATTITUDE for the Weary Soul
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Rainmaker
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Jane Peters
Power Brokers Int'l - Los Angeles, CA
Connecting you to the L.A. real estate scene

South Aurora definitely sounds like the perfect place to be buying as opposed to renting.  Sometimes it doesn't make sense, but I can see it does there.

Oct 26, 2011 09:14 PM #1
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Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Dawn, if the right circumstances in life, it is a great time to BUY, truly!!

Oct 26, 2011 09:20 PM #2
Rainmaker
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Mary Hutchison, SRES, ABR
Better Homes and Gardens Real Estate-Kansas City Homes - Kansas City, MO
Specializing in Brookside, Waldo, Prairie Village

This week I finally got an offer on a home that's been listed since March.  It was the first home for this couple.  They have to bring money to closing. The husband told me, 'it will be a VERY long time before I ever consider buying another home".  Many younger folks feel that way these days--if they just bought a few years ago, it's too hard to try and sell now and make any kind of profit.  It will be interesting to see if Gen Y continues to buy homes in the years aheead.

But  I agree..if you can buy now, don't wait!

Oct 26, 2011 09:30 PM #3
Anonymous
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Great place to buy. Thanks for info.

Oct 26, 2011 09:38 PM #4
Rainmaker
682,641
Ruthmarie Hicks
Keller Williams NY Realty - 120 Bloomingdale Road #101, White Plains NY 10605 - White Plains, NY

Many places the roles have reversed .  it is now cheaper to buy.

Oct 27, 2011 11:58 PM #5
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Rainmaker
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Dawn A Fabiszak

The Dawn of a New Real Estate Experience!
Contact Dawn for your real estate needs!
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