High Desert Blog

Short Sale FAQ

Short Sale Questions and Answers

Short Sale Frequently Asked Questions

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Rent vs. Buy

Am I better off renting or owning? This calculator will show you the financial differences between the two.
$   Current Rent
  % Est. tax bracket
$   Purchase Price
  % Down Payment
  % Interest Rate
    Mortgage Term (Years)
    Your Monthly Payment
$   Yearly Taxes?
$   Yearly Insurance?
    Total PITI
    How long will you own (typ. 7 yrs)

$   This is your rent over the period
$   This is mortgage over the period
Attorneys for home buying Print E-mail

Do I need an attorney when I buy a The High Desert house?

In some states, you do need an attorney to complete a real estate transaction, but in others you do not.
While it is highly advisable to consult legal counsel before and during making any Real Estate purchase or sale, most The High Desert area home buyers are capable of handling routine real estate purchase contracts as long as they make certain they read the fine print and understand all the terms of the contract. In particular, you should be clear on the terms of any contingency clauses that will allow them to back out of the contract.
If you have any questions at all, it may be advisable to consult an attorney to avoid future legal hassles. In looking for an attorney, ask friends for recommendations or ask your real estate agent to recommend several. Call to inquire about fees and to check on their experience. In general, more experienced attorneys will cost more, but real estate fees as a rule are small relative to the cost of the property you are buying.

Questions about The High Desert Real Estate?

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