Renting Vs Buying An Orange County Home
Below are some of the many benefits of owning versus renting:
1. Tax write offs from both the IRS and the State of California.
2. Potential substantial price appreciation of homes over time.
3. Avoiding persistent rent increases year-after-year.
4. Avoiding landlord problems and sudden notices that the rental property is being put up for sale.
5. Avoiding being "priced out" of an ever-increasing housing market.
6. Favorable treatment of capital gains and exclusion of $250,000-$500,000 of the capital gain from taxable income.
Great reasons to consider buying now:
1. Lowest interest rates for home loans in 25-30 years
2. A 1% increase in interest rate is equivalent to a 10% increase in home prices in terms of your monthly payment
3. Home prices have declined on average approximately 40%
4. Lots of inventory to choose from
5. Motivated sellers
6. Record number of foreclosures and short sales on the market
If you would like to sign up for our FREE Homefinder service, please fill out the form below:
- Featured Properties
- Recent Blog Posts
-
Larger Listing Photos & Browse By Subdivisions/Complexes
We have recently implemented a few changes to our site which we hope will help create a better experience for our cli... Read More$18,000 In Combined Homebuyer Tax Credits For A Limited Time!
Californians have a brief window of opportunity to receive up to $18,000 in combined federal and state homebuyer tax... Read MoreOrange County Short Sale Agents & Realtors
The Aaronson Group, Orange County Short Sale Realtors, offers homeowners expert guidance and free information and ass... Read MoreHomebuyer Tax Credit Extended & Expanded!
President Obama has signed legislation to extend the Homebuyer Tax Credit. Passage of the bill was widely anticipat... Read More
