Search results

Rent for now With regards to buying a house in Chicago vs renting. I would say that you should not purchase now. Being from Chicago and owning a rental property there, I cannot think of any part of the city in which the financial numbers will make owning vs. renting the same property...

The answer is it depends. First, is your house a 100k or 300k house? That's the difference between losing $18k and $54k. Second, what is the rent rate for a similar house in your area? Let's assume you own the house free and clear. If you have a $100k house and rent is $500/mo, then you will...

I think you are worrying too much about how much the realtor may or may not get paid. Bottom line is what price is the house worth and what price are you willing to pay for it. Come up with a number, put an offer in that will allow you to negotiate up to the price you want to pay for it. If...

For those of you who use one or the other, do you worry about the $100,000 FDIC insured maximum? Do you only keep around $100k in your accounts? I use both ING and ED and split my money between them.