Why Give Away Thousands In Rent When You Can Own The Easy Way - Get a Rent to Buy House?
Many people are seeking the opportunity to buy their own home but not everyone can do so, and have to rent instead!
Dear Home Seeker We all know how it feels to rent! When socializing with friends or family at your place the uncomfortable questions always arise... "Is this your own place?" and your reply is "no, but we aren't ready yet..." or "no, we really want to buy but we are waiting for the perfect place.." We all know that when you rent you cannot modify the home as you would like to, what's the point really. You may even have a pesky landlord irritating you and frankly you are losing money every month. There are many reasons for not buying a house let's face a few BIG reasons like...
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Renting may be cheaper NOW but soon you will realise that you
are losing tens if not hundreds of thousands of rands and still own nothing!
There are many strong arguments for renting and against buying and vice-versa that may show favour for both points of view that no one can deny! In both fighting corners we have seemingly strong opponents but my question to you is what if you could have the best of both worlds and rather 'rent to buy'?
The case about whether you should rent or buy is one that will never end!
If you are currently paying rent then you may be thinking that to buy is pointless as you are saving thousands of rands because you do not have to service a bond at the moment! Your argument may be that if you opt to buy that you would be paying many tens of thousands more a year just because you are servicing a bond.
This argument may seem to make a lot of sense NOW, however if you stay in that same unit and rent for more than a few years you are likely to realise that your friends who decided to buy their house are possibly close to being on par with you in monthly payments AND they may have even a fair bit of equity (indirect saving) in the property too!
The case about whether you should rent or buy is one that will never end!
If you are currently paying rent then you may be thinking that to buy is pointless as you are saving thousands of rands because you do not have to service a bond at the moment! Your argument may be that if you opt to buy that you would be paying many tens of thousands more a year just because you are servicing a bond.
This argument may seem to make a lot of sense NOW, however if you stay in that same unit and rent for more than a few years you are likely to realise that your friends who decided to buy their house are possibly close to being on par with you in monthly payments AND they may have even a fair bit of equity (indirect saving) in the property too!
If you rent your landlord is likely to increase your rent every year by 8% - 10% or more!
Rent generally increases at inflationary rates so before you know it your original saving on paying out rent is eaten away by inflation!
If you do an assessment based on today's rent prices vs. buying a house it is easy to calculate and see that rent is cheaper than the bond, BUT the lag of time with inflation is what will prove you wrong that you would have saved tens of thousands had you purchased many years back. Even though it may take some time the growth difference is huge.
If you wish to know more about renting vs. buying then read more about this in the rent or buy a house article.
If you do an assessment based on today's rent prices vs. buying a house it is easy to calculate and see that rent is cheaper than the bond, BUT the lag of time with inflation is what will prove you wrong that you would have saved tens of thousands had you purchased many years back. Even though it may take some time the growth difference is huge.
If you wish to know more about renting vs. buying then read more about this in the rent or buy a house article.
Let Me Show You How Easy It Is To Buy Your Home Without Using the Bank!
My powerful secrets have finally been revealed and I will show you how to buy almost any house in any area in South Africa!
This is despite being blacklisted or having limited cash, or having ITC issues. Yes, this is a pretty bold statement! I have to back it up with something and I am going to show you how, but this means you will have to spend some time here. Therefore, if you really want to own a home using this powerful technique then you need to read further. Read more about the Lease Purchase Training Course |
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