Rent vs Buy in Lords Valley>Question Details

Rumble, Both Buyer and Seller in New York, NY

HOW IS THE MILFORD, DINGMANS FERRYAND LORDS VALLEY MARKET HOLDING UP IN THE 300K RANGE? SHOULD I RENT OR BUY?

Asked by Rumble, New York, NY Wed Sep 26, 2007

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7
There are a lot of homes for sale in the high $200's to mid $300's,now is great time to buy up here. Many of the smaller, older and cheaper houses are selling faster. I have a lovely home built in 2001 that is over 4000 s.f. and will be on the market soon for the low 300's. Let me know if you have any interest.
0 votes Thank Flag Link Wed Sep 5, 2012
Buying versus Renting

There are many advantages to buying a home versus renting one. View these advantages in the Buy vs. Rent Comparison Chart, or view a financial comparison of buying versus renting in the Buy vs. Rent Calculator.

Your income, savings, and monthly expenses play an important role in determining how large a mortgage you can afford. To figure out the amount you can afford, please click Affordability. click the link below
http://www.ginniemae.gov/rent_vs_buy/rent_vs_buy.asp?section=YPTH
0 votes Thank Flag Link Mon Jan 10, 2011
Should you rent or buy?? It all depends on your situation and how ambitious you are. There are too many factors involved to answer a question like that without more details. I would be more than happy to help you achieve the right answer. Please contact me at your earliest convenience and between us we can find the right answer for you. Thank you, Don - 845-527-0547. http://www.myhemlockfarms.com
0 votes Thank Flag Link Wed Nov 24, 2010
You should rent short term first in the Bushkill Location, just miles up the road from Dingmans, Milford...
Try on the area before you make a big leap. Share this with your family and freinds!
DETAILS :
http://www.sawcreekestate.com
0 votes Thank Flag Link Wed Nov 28, 2007
Unless you are planning to stay in the area for only a short time, it is usually a better idea to buy than to rent. When you are renting (paying 800-1100 per month on average), you are building up your landlord's equity but not building anything on your own. Of course, you are not stuck with home maintenance costs and taxes, so there is a trade off.

In my professional opinion, it is better to buy and begin building equity in your own home; and you also have the advantage of the mortgage interest being a tax deduction.
0 votes Thank Flag Link Sun Sep 30, 2007
THIS AREA IS POPULAR WITH COMMUTERS AND THE LARGER HOMES ARE STILL SELLING. THERE IS A LARGER INVENTORY THAN A YEAR AGO. PLEASE CONTACT ME IF YOU WOULD LIKE FURTHER ASSISTANCE OR HAVE ANY MORE QUESTIONS.
0 votes Thank Flag Link Fri Sep 28, 2007
It's a good time to buy. The prices are still dropping but it has seemed to slow down on the higher end homes.
Web Reference: http://www.ameliapearn.com
0 votes Thank Flag Link Thu Sep 27, 2007
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