WEBVTT

1
00:00:00.120 --> 00:00:02.600
<v Speaker 1>It is time for your true real Estate nine one

2
00:00:02.680 --> 00:00:06.240
<v Speaker 1>one midweek update with your local real estate pro Lisa

3
00:00:06.280 --> 00:00:09.640
<v Speaker 1>True Lisa. For such a long time, there has been

4
00:00:09.679 --> 00:00:12.560
<v Speaker 1>this ongoing debate about whether it makes more sense to

5
00:00:12.640 --> 00:00:15.800
<v Speaker 1>buy or rent, especially locally and with prices that are

6
00:00:15.919 --> 00:00:18.920
<v Speaker 1>often high. When people are taking a look at buying

7
00:00:19.039 --> 00:00:22.199
<v Speaker 1>or renting, it can make it more challenging to make

8
00:00:22.440 --> 00:00:24.679
<v Speaker 1>what seems to be the right decision. But you have

9
00:00:24.760 --> 00:00:27.719
<v Speaker 1>some really good guidance for people that are struggling with

10
00:00:27.760 --> 00:00:28.280
<v Speaker 1>this question.

11
00:00:28.519 --> 00:00:31.359
<v Speaker 2>Yes, I actually went back and looked at the advice

12
00:00:31.600 --> 00:00:35.320
<v Speaker 2>of many of the media experts, and we know what

13
00:00:35.600 --> 00:00:41.600
<v Speaker 2>media reliability has been, especially after the election. Since twenty fifteen,

14
00:00:42.000 --> 00:00:45.799
<v Speaker 2>there have been real estate experts on TV saying you

15
00:00:45.880 --> 00:00:49.759
<v Speaker 2>should not be buying, you should be renting. We've gone

16
00:00:49.799 --> 00:00:53.399
<v Speaker 2>back and looked at the number of thousands of dollars

17
00:00:53.600 --> 00:00:56.880
<v Speaker 2>that advice. If you took it costs now, some people

18
00:00:57.000 --> 00:01:00.159
<v Speaker 2>should be rinting. Number One, If you're going to be

19
00:01:00.520 --> 00:01:04.319
<v Speaker 2>in the home or the area for a year or two, yes,

20
00:01:04.599 --> 00:01:08.000
<v Speaker 2>you should be renting because you will break even at best,

21
00:01:08.120 --> 00:01:11.799
<v Speaker 2>maybe even lose a little with the closing cost. If

22
00:01:11.840 --> 00:01:14.519
<v Speaker 2>you are going to be in your home five, six,

23
00:01:14.920 --> 00:01:20.319
<v Speaker 2>ten years, renting cost you thousands of dollars based on

24
00:01:20.560 --> 00:01:23.640
<v Speaker 2>reducing your principle. I mean, you're going to be paying

25
00:01:23.680 --> 00:01:26.239
<v Speaker 2>that monthly rent, which is about the same as what

26
00:01:26.280 --> 00:01:29.200
<v Speaker 2>your mortgage payment is. But what they don't talk about

27
00:01:29.280 --> 00:01:33.799
<v Speaker 2>is appreciation. And we all understand that it literally will

28
00:01:33.840 --> 00:01:37.000
<v Speaker 2>cost you thousands and thousands of dollars to be a

29
00:01:37.079 --> 00:01:39.200
<v Speaker 2>renter versus being a buyer.

30
00:01:39.400 --> 00:01:42.879
<v Speaker 1>Yeah, renting has long, for a long time been a

31
00:01:42.879 --> 00:01:46.439
<v Speaker 1>losing proposition in our area. So the truths they have

32
00:01:46.599 --> 00:01:49.840
<v Speaker 1>the answers to your questions. If you're thinking about renting

33
00:01:49.920 --> 00:01:52.560
<v Speaker 1>versus buying, give them a call five six one, ninety seven,

34
00:01:52.640 --> 00:01:55.640
<v Speaker 1>two eighty three, twenty six, visit True real Estate nine

35
00:01:55.680 --> 00:01:58.200
<v Speaker 1>to one to one dot com, or just google True

36
00:01:58.239 --> 00:02:00.000
<v Speaker 1>group that's tru group.