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Thinking about renting? Maybe you should buy instead…

Posted by kim carpenter on October 31, 2012
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The rental market in our area has gotten very tight and prices have increased making it cheaper to to buy than rent. 

In all of Hamilton County, there are only 168 properties for rent through MIBOR, ranging from $600 – $8500 per month. With 10622 N. Park renting for $600 with 2 bedrooms/1 bath home with no garage in Carmel  and15363 Whistling renting for $8500 with 9,999 square foot, 5 bedrooms/9 bath home in Bridgewater in Carmel.

In all of Marion County, there are 350 properties for rent through MIBOR, ranging from $350 – $4,500 per month.  2613 Brookside PW S. Dr. rents for $350 with 1 bedroom/1 bath, no garage and is located in Center Township NE.  7903 High Drive rents for $4,500 with 5 bedrooms/7 baths, a 2 car attached garage, a 1 car detached garage and is located in Washington Township.

No one can make the decision for you as whether to buy or rent so consult a lender and make an informed decision. If your credit is not at a point where you can qualify at this time, your lender can give you advice on how to improve your credit for purchasing in the future.

If you find you are ready to purchase, I would love to be the one to assist you in your search.  Contact me and let’s make your dream of home ownership become a reality.

 

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