To Rent or to Buy? That is the Question!

Almost weekly, someone writes me or writes on a post in Facebook in groups that I belong too and it starts out like this..

....the wife and I and the dog and the cat are moving to spain in XX days and we are looking for a rental. Of course, buying first is ridculous, so please help us find our dream home/apartment/countryside property on a shoestring budget so we don't spend all our money and are convinced this is our perfect place before we buy.

Of course, I'm exaggerating a bit, but you get the point. And, to some degree, I understand where this person/couple/family unit is coming from.

Here's a few reasons why you should consider buying.

1. Buying doesn't mean you are stuck. Just a easy as it is to buy, it is to sell, especially if you are putting property at the market price. The prices went up 15% last year, and they are project to keep going up. You should, even after a year, be able to sell and at least break even.

2. Interest rates are low, and projected to drop another 3/4s of a point. Its about 2.25% for a mortgage. YES, really and I can help you get one even as a non resident.

3. Rental properties are at a premium and are HARD to find. You might spend 3 months and a ton of money at Airbnb's to find one to realize you really hate renting in the first place.

4. Landlords are picky and they don't need you. Really, they don't. They may change their minds last minute, just like what happened to me!

5. I am here and I have sold homes virtually. I can counsel you on the best place, neighborhood and find what you wanted even though you didn't want it!

So, drop me a line, lets go house hunting, even virtually! And if you don't like it after a year, you haven't put thousands into someone else's mortgage! Your new life and home await!

Typical door from Granada