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	<title>Mortgage Align &#187; Buying versus Renting</title>
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		<title>Monthly Expenses: Buying A Home</title>
		<link>http://www.mortgagealign.com/information-center/monthly-expenses-buying-a-home/</link>
		<comments>http://www.mortgagealign.com/information-center/monthly-expenses-buying-a-home/#comments</comments>
		<pubDate>Thu, 09 Oct 2008 19:35:00 +0000</pubDate>
		<dc:creator>Mortgage Align</dc:creator>
				<category><![CDATA[Buying versus Renting]]></category>
		<category><![CDATA[Information Center]]></category>
		<category><![CDATA[buying home expenses]]></category>
		<category><![CDATA[home expenses]]></category>
		<category><![CDATA[home insurance]]></category>
		<category><![CDATA[maintenance home]]></category>
		<category><![CDATA[property tax]]></category>
		<category><![CDATA[utilties]]></category>

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		<description><![CDATA[When you rent a property, your landlord uses part of your rent to cover specific housing expenses.  When you purchase a home, you are now responsible for paying all the expenses that your landlord took care of before.  They will add costs to your mortgage payments and should be included in your budget.

Property Taxes
Home Insurance
Utilities
Maintenance

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		<title>Saving Money In The Long Run</title>
		<link>http://www.mortgagealign.com/information-center/saving-money-in-the-long-run/</link>
		<comments>http://www.mortgagealign.com/information-center/saving-money-in-the-long-run/#comments</comments>
		<pubDate>Thu, 09 Oct 2008 19:32:42 +0000</pubDate>
		<dc:creator>Mortgage Align</dc:creator>
				<category><![CDATA[Buying versus Renting]]></category>
		<category><![CDATA[Information Center]]></category>
		<category><![CDATA[rent increase]]></category>
		<category><![CDATA[renting]]></category>

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		<description><![CDATA[The chart below shows a cost comparison for a renter and a homeowner over a seven year period.

The renter starts out paying $800 per month with a typical 5% yearly increase
The homeowner purchases a home for $110,000 and pays a monthly mortgage of $1,000
With the tax savings of home ownership, the homeowner&#8217;s payment is less [...]]]></description>
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		<title>Buying versus Renting</title>
		<link>http://www.mortgagealign.com/information-center/buying-versus-renting/</link>
		<comments>http://www.mortgagealign.com/information-center/buying-versus-renting/#comments</comments>
		<pubDate>Thu, 09 Oct 2008 19:26:55 +0000</pubDate>
		<dc:creator>Mortgage Align</dc:creator>
				<category><![CDATA[Buying versus Renting]]></category>
		<category><![CDATA[Information Center]]></category>
		<category><![CDATA[buying renting pros cons]]></category>
		<category><![CDATA[home loan]]></category>
		<category><![CDATA[homeownership]]></category>
		<category><![CDATA[pros cons home]]></category>
		<category><![CDATA[pros cons home buying]]></category>

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		<description><![CDATA[There are many things to consider when thinking about buying or renting.  Below is a chart that highlights some of the pros and cons you will face as a homeowner:



Benefits of Buying A Home:

Property can build equity
Sense of security and stability
Freedom to do home improvements
Tax breaks

Beneftis of Renting:

Less responsibility for maintenance
Easier to move

Things to Consider [...]]]></description>
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