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All Forum Posts by: David Burg

David Burg has started 1 posts and replied 3 times.

Post: Buying vs Renting, makes more "cents"

David BurgPosted
  • Canoga Park, CA
  • Posts 3
  • Votes 1

Anish,

Please look up the definition of "blanket statement", and then realize what I wrote, is not.

I only put approximately a 1/2 blanket over everyone. :)

I said "in most cases". There are tax benefits, and also the house itself, to resell, to recoup your money, or possibly make a profit off of. Sure, there might be repairs needed, but when I represent a home buyer, I pay for a 1 year home warranty as a gift to them. If they renew that warranty each year, they will usually only have to pay $50-$100 for the total repair needed each time. Plus, if they are represented by an ethical Realtor, such as myself, they will be highly encouraged to get a home inspection, before moving further in their escrow. If the house is in need of repairs, we request the repairs to be made, request a credit, or walk away from the deal. 

Post: Buying vs Renting, makes more "cents"

David BurgPosted
  • Canoga Park, CA
  • Posts 3
  • Votes 1

Daniel, is that a compliment, or a dig?

Post: Buying vs Renting, makes more "cents"

David BurgPosted
  • Canoga Park, CA
  • Posts 3
  • Votes 1

With interest rates low, and inventory high,

Now is a great time to stop renting, and buy!

I have been a Professional Realtor in Southern California
for well over a decade. Right now, in most cases, rental
amounts are higher than your mortgage would be if you purchased.
If you, or someone you know, is looking to buy, sell, or have their
property managed, I would appreciate the introduction.