The market is rapidly turning into a seller's market
Interest rates are WAY DOWN, but they are headed up
If you buy a home now:
* You will get more for your money - Rentals never stack up to homes you can buy for the same payment
* Tax Write-off - You can write off the interest you pay on your mortgage, you can't do that with rent
* Build Equity in the home - Each time you make a payment, you are that much closer to owning it!
* Gain Appreciation - Homes tend to go up in value... the home is worth more than you bought it for!
If you rent a home: You get nothing!
Jason C Campbell
Option One Real Estate
You will have to review the apartment lease you signed last year, looking for termination criteria such as penalties, days of notice, and hand written acceptable reasons in a letter. This will clarify the terms for such an action. Hopefully, you are on good speaking with the apartment administration for negotiating a satisfactory process.
Additionally, you will want to find out what happens to your security deposit and cleaning fee, especially if you leave the apartment in a clean and presentable condition.
Now that is the good stuff, the bad is that you might have to pay till the closing date of the lease contract, whether living there or not. Remember this is not an easy process.
Home rental (lease) actions is another financial transaction that has its own complications and stress factors. That is where a realtor, like myself, can help you through this process and ensure that the action is smoother. Call me at 210-479-1222 ext. 112 and lets discuss these details.
Gerry White, Realtor
Century 21 Scott Myers, Realtors