Profile picture for Nick Walton

Nick Walton

Agent

RealtorĀ® (4 years experience)

Specialties:
Listing Agent,
Relocation,
Consulting,
Investors, Investor Properties

Advice

  • (2 Contributions,
  • 0 Best Answers,
  • 0 Helpful)

Contributions are sorted newest to oldest.

Buy versus Rent the age old question

Answer

If you are moving from another state and are not 100% sure of the neighborhood or area you want to live then renting would be a good option.Owning is better long term especially when you consider the tax deductions for property taxes & mortgage interest and after the note is paid you own the house free and clear and have an asset to pass onto your children.

  (0)
home sq footage discrepancy

Response

The appraisal is something you should have received from your lender. It is very common for the tax records to show a different number than that of an appraisal. This happens a lot with livable space. The tax records show that your home has a 3 car garage (not livable space), when intact you have a two car and the extra space is an additional bedroom and full bath for example.

  (0)