When we realize that the value of the house will likely increase with time, it follows that while mortgage payments may be higher than monthly rent, the family may be better off since they are creating equity, which is the value of the house minus the claims against it. כשלו...
If a buyer's income is too low, that buyer may be rejected. The rule of thumb is that co-op boards generally want a buyer to be able to devote 25 percent of one's earnings to the payment of mortgage and maintenance. If those payments for one or more properties exceed more than 25 ...