Elizabeth Weintraub • Sacramento Real Estate Agent

Not Everybody Should Buy a Home: The Buy or Rent Dilemma

buy or rentI am a firm believer that for some people buying a home is not the best course of action. I realize that many agents will find that statement blasphemous, but it's true. Not everybody is cut out for home ownership. Some people are much better off renting. They don't want to be tied down to a home, much less take care of repairing and maintaining a home, nor are many prepared for paying all those other extra costs such as property taxes and homeowner's insurance.

In declining real estate markets, some buyers worry that they will lose equity the day they buy. And some, no matter what the market does, are afraid to take such a big step as buying a home. Are you better off renting or buying?

To find out, read more about renting versus buying a home.


elizabeth weintraub

 

 

Weintraub and Wallace Realtors

 

 

Elizabeth Weintraub reviews

 

 

 

Elizabeth Weintraub is co-partner of Weintraub & Wallace Team of Top Producing Realtors, an author, home buying expert at The Balance, a Land Park resident, and a veteran real estate agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown, Carmichael and East Sacramento, as well as tract homes in Elk Grove, Natomas, Roseville and Lincoln. Call Elizabeth Weintraub at 916.233.6759. Put our combined 80 years of real estate experience to work for you. Broker-Associate at RE/MAX Gold. DRE License # 00697006.

Photo: Unless otherwise noted in this blog, the photo is copyrighted by Big Stock Photo and used with permission.The views expressed herein are Weintraub's personal views and do not reflect the views of RE/MAX Gold. Disclaimer: If this post contains a listing, information is deemed reliable as of the date it was written. After that date, the listing may be sold, listed by another brokerage, canceled, pending or taken temporarily off the market, and the price could change without notice; it could blow up, explode or vanish. To find out the present status of any listing, please go to elizabethweintraub.com.

Not Everybody Should Buy a Home: The Buy or Rent Dilemma
share
I am a firm believer that for some people buying a home is not the best course of action. I realize that many agents will find that statement blasphemous, but it's true. Not everybody is cut out for home ownership. Some people are much better off… more
Pre-Purchase Decisions: Finding the Right Home
share
I love it when buyers come into my Midtown Sacramento office for a consultation with a list of thoughts in hand. It makes my job much easier when a buyer has already defined what they want; but it's OK with me if they haven't thought that far ahead… more
October 2007 Market Report for Land Park / Curtis Park
share
ALL PRICE RANGES IN 95818 FOR OCTOBER Inventory in Land Park / Curtis Park was reduced slightly from September. In October of 2007, there were 83 homes on the market in 95818, 20 pending sales and 8 closed transactions. The average price per… more
No Change in Conforming Loan Limit, Says OFHEO
share
The Office of Federal Housing Enterprise Oversight announced this morning that it will NOT increase the conforming loan limit in 2008. The conforming loan limit will remain at $417, 000 for loans secured by single-unit homes and purchased by Freddie… more
Using Your Agent for Looking at Homes
share
When a buyer works with a real estate agent, one of the services a good agent provides is to preview homes for the buyer. There is no reason for an agent to waste a buyer's time by hauling the buyer all over town to look at homes the buyer doesn't… more
What Would Happen if Terrorists Shut Down The Internet?
share
This morning's Sacramento Bee has an interesting article about how Hacker Threat to US is Rising It says that we could be headed for an electronic Pearl Harbor. Military leaders are saying that we are already at war in cyberspace, and the number… more
Buying in a Falling Market
share
When real estate prices fall, home buyers wonder if they should buy a home or if it makes more sense to wait out the market. The problem with waiting is it's impossible to time the market. But there are strategies home buyers can employ to protect… more
12 Ways to Find a Down Payment
share
Because of pending legislation that threatens to take away down payment assistance for buyers from such organizations as the Nehemiah Corporation, it's no wonder home buyers are concerned about how to find a down payment. Sources are drying up. It… more
Here are My Top 10 Reasons Blogs Are Plagiarized On the Internet
share
After reading Teresa Boardman's post in the Real Estate Tomato I was reminded that, like Teresa, I, too, must chase down plagiarizers and get their stolen material offline. And I had neglected this duty for a while because, quite frankly, it's… more
Buying or Selling a Land Park Home? Check Out These Photos of Land…
share
Wherever I travel, I take photographs of homes. My passion for photography sometimes thwarts vacations as I get sidetracked. Instead of shopping at cute boutiques or dining at out-of-the-way cafés, often I end up wandering the streets of a town to… more