To rent or to own…..

May 2nd, 2008 • Related • Filed Under
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Going on vacation to California has always been an annual thing for me. I got friends and families there I look forward to seeing and many times I thought about relocating. With this continuing real estate slump one would think that it’s probably the right time to purchase a house. Though I partially agreed on this, be reminded that anyone who intends to own a house soon should still consider his or her financial capabilities. One should know and understand every aspect of acquiring a home. Take for example the California mortgage, one should be pre-approved rather than just pre-qualify as one can pretty much tell or see his or her debt-to-income ratio which would be a good indicator to push through or not. It’s also advisable to consult at least 3 mortgage brokers for check and comparison purposes.

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There Are 3 Responses So Far. »

  1. Comment by horse racing expert on 11 May 2008:

    Now is the time to buy a home with the low rates (and still going down). Buying would be a wise investment nowadays.

  2. Comment by Free Bets Expert on 12 May 2008:

    Be you renting or buying a house, California is the place to be.

  3. Comment by ariel on 13 May 2008:

    With the ongoing slump in the real estate business and the lowering of mortgage rates, buying a house nowadays would be a wise investment.

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