Have you ever asked yourself whether it is good time buy a home or to continue to rent, here a few steps that could help you decide:
1. What will monthly costs be, and can I afford the payments?
Keeping mortgage payments under 30 percent of your monthly income is a good rule of thumb. If you can't keep mortgage payments below that, you may be better off renting for awhile.
2. What other debts do I have?
Total rent or mortgage payments plus credit obligations should not exceed 35 to 40 percent of monthly income.
4. How much will taxes, monthly maintenance, or other fees cost?
Owning a home means you may have to pay real estate taxes, that is if your propertey is valued at 250,000 or more and other costs like insurance and maintenance. On the other hand, owning a home brings big savings at the end of the year. As a renter, the owner pays those costs for you.
5. How many years will I stay here? Generally, the longer you plan to live someplace, the more it makes sense to buy. You'll build equity in your house and its value is likely to increase over the years.
If you are ready to buy your home, contact us at Seaview Properties Real Estate.
Friday 29 April 2011
Sunday 10 April 2011
Caves Point
 |
| Caves Point |
Caves Point Rental
West N.P.New Providence
Offered at: $5,000 per month
3 Bedroom 3 Bathroom
Ocean View Rental
Living Area: 1,800 Sq Ft
Reference: #4164
For more information please visit
West N.P.New Providence
Offered at: $5,000 per month
3 Bedroom 3 Bathroom
Ocean View Rental
Living Area: 1,800 Sq Ft
Reference: #4164
Friday 8 April 2011
Top 10 Reasons to Live in The Bahamas
Johnny Depp, Sean Connery, Nicolas Cage and Lenny Kravitz, just to name a few, all have homes in the Bahamas. It is a beautiful country to invest in. There are many real estate investing opportunities in the Bahamas. The real estate options available to you range from condominiums, apartments to homes. Here are some reasons why you should consider becoming a second home resident yourself.
1. Stable, democratic and investment friendly government
2. Minutes away from the United States (50 miles to the east to be exact)
3. One of the worlds top investment centres
4. Strong currency
5. No taxes on capital gains, inheritance, corporate and personal income, dividends or interest
6. The perfect subtropical climate
7. Variety of investment vehicles; mutual funds, hedge funds, trusts and foundations
8. Hundreds of untouched islands
9. Some of the most beautiful waters
10. Modern communications
1. Stable, democratic and investment friendly government
2. Minutes away from the United States (50 miles to the east to be exact)
3. One of the worlds top investment centres
4. Strong currency
5. No taxes on capital gains, inheritance, corporate and personal income, dividends or interest
6. The perfect subtropical climate
7. Variety of investment vehicles; mutual funds, hedge funds, trusts and foundations
8. Hundreds of untouched islands
9. Some of the most beautiful waters
10. Modern communications
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