Why It Is Better To Buy A Home Than Waste Money Paying Rent

Business

Even the mere thought of going to the dentist can make a person anxious and high stressed. High levels of anxiety makes a person avoid the dentist unless it is an emergency. The solution is West Chester sedation dentistry so that people suffering from dental phobia can have treatment.

Meanwhile, real estate professionals agree that Reading has affordable housing stock. Over the years, Reading has the unfavorable distinction of making it to the top of some lists. In 2011, US Census Bureau named Reading as the poorest city in the nation.

Recently, HomeArea.com named Reading as the Number One city in Pennsylvania to buy real estate instead of renting. This is based on calculating price-to-rent ratios for cities with populations of 60,000 and more. Price-to-rent ratio means the median home value divided by median annual cost to rent. If the home prices rise faster than rent, the ratio also rises.

Ratios that are less than 20 are more affordable to buy than rent. In Pennsylvania, the top 7 cities where it is a smarter move to buy than rent include Reading, 9.2; Allentown, 12.9; Pittsburg, 13; Erie, 13.7; Scranton, 14.2; Bethlehem, 16.7 and Philadelphia, 17.1.

According to Peter Heim, associate broker, if you can afford to buy property cheaply, why should you rent? There are tax benefits to ownership and you can build equity. When you rent, every time you pay rent you are throwing away money. However, it is still more advisable to buy in the city even with the high property tax and the 5% real estate transfer tax.

Sue Bernhard, a realtor, said purchasing a home in the city is the first step towards home ownership. She believes that Reading can overcome its negative stigma. It is a good thing for people to take the first step towards home ownership in Reading because of the positive outlook for the city.

There are different methods used in sedation dentistry to make you feel comfortable and less responsive to pain. In oral sedation, 1 or 2 two pills can be placed under the tongue or the patient breathes nitrous oxide. For more questions, visit West Chester sedation dentistry that will explain the different methods.