Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Rent vs Buy in Columbia : Real Estate Advice

  • All589
  • Local Info70
  • Home Buying161
  • Home Selling22
  • Market Conditions36

Activity 6
Thu Oct 9, 2014
Sharon Felton answered:
Congrats on the new job. Is an hour-long commute unworkable for you? Yes, it means getting up a little earlier, getting home a little later. But with the new job, it seems to me that you are taking on a LOT of new responsibilities by a) learning the new work detail, b) finding a new place to rent, c) getting moved into the new rental and probably needing certain new pieces of furniture and appliances, etc., d) choosing contractors to install new flooring and painters for your home and overseeing their work, e) talking with a Realtor to find out current market value on your home, and lots more. In my opinion, stay in your home over the winter, perhaps tackling a few home improvement projects. Then think about selling in the Spring. Good luck. ... more
0 votes 2 answers Share Flag
Fri May 10, 2013
Jay Luebke answered:
Robert,

As I answered in your other question, I am a real estate agent with Russell and Jeffcoat Real Estate here in Downtown Columbia. I understand the needs of those who are students at USC and those who work at the University.

I personally would suggest buying a home, as the home prices are quite low here in Columbia. Buying can also be a more sensible option as you lose the money when renting, rather than building equity in your home when you own it.

There are many different neighborhoods downtown that are very close to USC. I would be happy to pull some information for you regarding what is available in the area. I would encourage you to take a look at my website at www.JayLuebke.com for some free buyer resources and some information about the area and the home buying process.

If you would like some more information, please give me a call at 919.696.3104 or send me an email at jluebke@russellandjeffcoat.com. I will look forward to hearing from you.

Thanks!

Jay Luebke
Real Estate Professional
919.696.3104
... more
0 votes 3 answers Share Flag
Sun May 5, 2013
Elena Corbin answered:
I am advertising a house for rent and for sale in Forest Acres. It is close to Fort Jackson .
6608 Vanwood Drive Columbia, SC 29206. You can see it listed on Trulia, Zillow, Craig's List, and Facebook.

Great brick ranch-style home in Forest Acres! 3-4 bedrooms, 2 baths, LR, DR, breakfast with french doors to back yard. Updated kitchen with granite counter and ceramic tile flooring. Hardwoods in LR/DR, hall and bedrooms. Ceramic tile in kitchen and breakfast/den. Large carpeted bonus room could be 4th bedroom or office/den/playroom. Laundry room. New roof in 2010. HVAC (GasPac) in 2006..Large fenced back yard and large front yard. Excellent schools in Richland Co. District One: Satchelford or Brockman Elementary, Crayton Middle, AC Flora High. Buyers' agents are welcome! Sale Price $170,000.

Elena Corbin
... more
0 votes 7 answers Share Flag
Sun May 5, 2013
Elena Corbin answered:
I am advertising a house for rent and for sale in Forest Acres. 6608 Vanwood Drive Columbia, SC 29206. You can see it listed on Trulia, Zillow, Craig's List, and Facebook.

Great brick ranch-style home in Forest Acres! 3-4 bedrooms, 2 baths, LR, DR, breakfast with french doors to back yard. Updated kitchen with granite counter and ceramic tile flooring. Hardwoods in LR/DR, hall and bedrooms. Ceramic tile in kitchen and breakfast/den. Large carpeted bonus room could be 4th bedroom or office/den/playroom. Laundry room. New roof in 2010. HVAC (GasPac) in 2006..Large fenced back yard and large front yard. Excellent schools in Richland Co. District One: Satchelford or Brockman Elementary, Crayton Middle, AC Flora High. Buyers' agents are welcome! Sale Price $170,000.


Elena Corbin
... more
0 votes 7 answers Share Flag
Mon Mar 12, 2012
Anna M Brocco answered:
Rent to own is similar to a car lease; rent to own can be risky and one could stand to lose a bit of money, therefore inform yourself well beforehand and consider consulting with an attorney who specializes in real estate. ... more
0 votes 5 answers Share Flag
Mon Mar 12, 2012
Jay Floyd answered:
Your millage rate should not be higher on a rental property. As you said, your rate has gone from 4% to 6% which, in my opinion, is extremely unfair. It causes the landlord to have to raise rents above what they would be and that does not help anyone. That is a political problem though and has nothing to do with your real question. What has likely happened is some special measure was passed that increased it. That can happen from time to time if, for instance, they put a sidewalk in. You may be required to "contribute to the cause". There may be some increases that have been slipped in since you lived there. The best thing you can do is to call the tax assessor and ask them why the millage rate has increased and when it is expected to decrease, which will likely be never. Without seeing your statements, that question can't be answered. Call them. They will explain it to you and if it is wrong, they will fix it if you request it. ... more
0 votes 2 answers Share Flag
Search Advice
Search
Rent vs Buy in Popular Columbia Neighborhoods

Followers

296