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Renting versus Buying
In the “old days” a potential home buyer needed to accumulate a 20% down payment, have a big salary, and great credit history to buy a home. Because of first-time buyer programs, aggressive lenders, 100% financing, and a little creativity almost anyone can afford to buy! And with the tax benefits, it’s amazing that everyone doesn’t take the plunge! With the right kind of financial planning, the help of a tax advisor, and some basic budgeting buying a home can be like high-end government-subsidized housing. Due to the amazing tax benefits it provides, owning a home is often cheaper or equal to what your South Bay rent is costing you!
To see the comparison for yourself, just fill out the short Rent vs. Buy form, and I will e-mail or fax a spreadsheet of hypothetical options within 24 hours. You’ll be amazed!
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