To Buy or To Rent??

To buy or to rent? Both have their pros and cons. Obviously, buying has the return on investment verses renting which has the ease of mind that if something breaks it is not your problem! However, what if I told you right now buying is cheaper then renting...

 997 W 5th $75,000

For example there is a 3 bedroom, 1.5 bath on 997 W 5th for sale for $75,000 right now. It has some updates. If you purchase it for full asking price at $75,000 with a $5,000, 4% interest rate, 30 year loan you would be at $334.19 a month!!! I don't know about you but lately if you have checked rentals in the Dubuque area, to find a 3 bedroom apartment under $700 is tough yet alone a single family home! This is a great time to buy a home.

 

 

 

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Jill Conrad
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