Rent Vs. Own

Are you renting?

Your monthly mortgage payment below is based on a 30 year term with a 3.875% interest rate.



Monthly Mortgage Payment

VS.


Monthly Rent Payment

Get A List of Off-Market Properties That Fits Your Criteria

Click Here

Properties in Glendale below $850,00


Tom Barseghian
Broker Associate

Company JohnHart Real Estate
DRE 01503467

About Tom Barseghian

Tom Barseghian and his team at JohnHart Real Estate have one simple rule… do anything and everything necessary to ensure their clients have the best possible EXPERIENCE. We turn transactions into lifelong friendships because we treat you like family. We treat your home search as if it was our own home search. We treat your home sale like it was our own home sale. Simple as that! We would never advise or tell you to do something we wouldn't do for ourselves or our family & friends! This unique philosophy and approach, along with over 10+ years of experience as a Broker Associate and Realtor has helped be recognized by REAL TRENDS as the top 1% of agents in all of California in terms of volume closed 5 years in a row (2014-2018). Tom Barseghian holds a Bachelor Degree in Marketing from Cal State Fullterton & received his brokers license in 2007. Let Tom Barseghian & his team bring that proven track record of experience along with our extensive local market knowledge to help you SELL and/or BUY in the Glendale, Burbank, La Canada, La Crescenta, Tujunga, Sunland, Montrose and surrounding areas. Feel free to read any of our 175+ Zillow reviews from past clients and you will surely come to realize that our clients regard us as a very friendly, honest, professional and customer service orientated Realtors who go the extra mile for all of their clients. My team and I pride ourselves on responding to all calls and emails in a very prompt & timely manner. So CLICK the CONTACT AGENT button to work with a team that has the EXPERIENCE you can TRUST… to deliver the RESULTS you expect!


Benefits of Buying Real Property

There are wide array of benefits for buying real property. From social to economic, and even political, benefits of owning real property can't be easily counted. Real property offers an anchorage to family geographic zoning. Owners enjoy the benefits of forming closer connections with their community, through local businesses, schools, worship places and neighbors.

As always, economic benefit is a good starting point. Did you know that by paying $900/month rent you are throwing away $54,000? Yes, rent is a waste of money. Rent can't be even claimed in tax returns. In contrast, monthly payments towards mortgage payment plan will expand homeowners' wealth as equity is created. Moreover, buying a real property increases credit rating through regular payment history and location security. Even more, real property buyers can claim interest in their yearly tax returns (consult a tax expert for more details).

On the political level, homeowners exercise more influence on political decision makers. Because most county and state profits are based on real property taxes, politicians answer demands of property owners before renters (who are usually relocating). For example, when the financial crisis struck the U.S. markets in middle of 2007, the federal government quickly enacted laws to protect property owners. The same issue played a crucial role in 2008 Presidential elections.

In addition to economic and political benefits, real property buyers enjoy better social standings. Because property owners are more constraint to move, they form social networks with their local community. Neighbors invite each other for birthdays and other events. Housewives form local groups to help raise the children of the community. Even in safety, most communities utilize local neighborhood watches to keep crime level at a low level.

Finally, by buying a real property, individuals achieve the American Dream. Thanks to the U.S. government system, ownership rights are at the foundational core of the United States. A sense of accomplishment and satisfaction beholds property owners as they are free to express themselves within their own castles. Buying real property is as simple as desires of potential buyers.

This information is an estimate and for research purposes only. The estimate is based on prevailing rates typical in the industry and your own input concerning salary and assets, which JohnHart has no way of verifying. The estimate does not purport to include every potential expense involved in purchasing a home (including but not limited to taxes and HOA fees) which can vary widely by property and location. Neither JohnHart nor any of its affiliates make any warranties or guarantees in any way about the likelihood of obtaining a loan for a house and on what terms (if at all) a prospective buyer may be able to obtain a loan. Prospective buyers must consult a lender for qualification and for terms of qualification according to a buyer’s financial situation at the time and the property sought. This information only represents an estimate based on average financial terms prevailing at the time and may be different from what you see from a lender depending on, amongst other things, your individual financial situation and time period during which you seek a loan.