Recent Posts: Renters and Renting

Buying Cheaper than Renting

Late last year, Fletcher Wilcox, a well-respected real estate analyst with Grand Canyon Title, prepared a report entitled “Should you Rent or Buy a Single Family Home.” It analyzed whether it was cheaper to pay rent or pay a mortgage on a single family home. Based on the average rental rate and average purchase price […]

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New Requirements for Landlords

Do you rent out real estate in Arizona? Are you a landlord with tenants in a former or second home in the Phoenix metropolitan area? If so, the government has imposed a new, controversial and burdensome tax requirement that will increase your record keeping duties next year. Starting in 2011, the new rule requires that […]

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Liability from Older Home Renovations.

If you buy and fix up older homes to sell or hold as a rental, it just got a lot more difficult and expensive. New federal regulations effective in April of this year (the “New Lead Rules”), now require professional remediation techniques when even a relatively small amount of paint is disturbed. Many people are […]

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Buying Still Cheaper than Renting

In 2011 I wrote about the advantage of buying a home over renting one.  It was based on a report of the greater Phoenix area prepared by local analyst Fletcher Wilcox of Grand Canyon Title in 2010. It analyzed whether it was cheaper to pay rent or pay a mortgage on a single family home, […]

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