RENT or BUY?

The choice between purchasing a home and renting is one of the biggest financial decisions that many adults make. The cost of purchasing are more varied and complicated than for renting, making it hard to tell which is a better deal. To help you answer this question, I have provided a calculation based on Trulia’s market data:

Buying is 35% Cheaper.

Renting Costs

$1,631 / MONTH

Buying Costs

$1,056 / MONTH

Target Monthly Rent?  

$1700

Target Home Price?  

$245,000

Length at Residency?    

7 YEARS

Income Tax Rate?      

28%

Mortgage Rate?          

3.89%

Floor Plans Made Easy

MagicPlan, is an amazing application that makes creating a floor plan of a house so easy a kid could render professional looking floor plans in minutes!

Magic Plan is the post PC revolution for floor plan creation. If you have ever watched an architect create a floor plan it requires CAD software, a tape measure, hours of time and much more. This is the reason why floor plans are so expensive to have created with a professional.

I am a strong believer in using a professional to make big decisions.  However, have you ever just wanted to know how a couch would fit in your living room or play around with the layout without contacting a professional?  Well now you can find out how that amazing couch you have been eyeing for the past year would fit in your living room with just a few clicks!

Here at TexasDreamProperty.com we use Magic Plan to create floor plans for all of our clients so that they can have a better understanding of the home that they are purchasing. If you would like more information on MagicPlan please contact Michael Carpenter at 512-522-6683.

YouTube Video Walk Through of MagicPlan