Home Buying in Hillsdale>Question Details

Janice Cima, Real Estate Pro in Oradell, NJ

rent or buy in hillsdale nj

Asked by Janice Cima, Oradell, NJ Sat Jul 16, 2011

Help the community by answering this question:

Answers

1
Hi Janice,

I am not familiar with rental prices in Hillsdale, but I will tell you this much, here in Morris and Sussex Counties home prices have gone down and rental prices have gone up. It is almost as affordable now to rent as to own. of course one needs to qualify for a mortgage and have something of a down payment saved, but right now, in general, home prices and interest rates are so low it really makes sense to at least look into buying.

I would be happy to put you in touch with a good lender. At least that way you would know what you could qualify for and afford to pay as a monthly mortgage payment. Then you can compare that number to rental prices and investigate the size and condition of homes for sale in your price range.
0 votes Thank Flag Link Sat Jul 16, 2011
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer