Recent finding suggests that it may be cheaper to buy than to rent. We suggest you consider a few things before making that conclusion!

1. TO BUYorNOT TO BUY!That is THE Question. www.gillmanins.com

2. the QUESTION: Is it really cheaper to BUY than RENT? According to a recent report at Trulia.com, 39 of the 50 largest cities in the United States suggest that it’s cheaper to BUY a home than to rent one! Why? Falling market prices, declining interest rates and rising rent costs are among the biggest influencers of this backwards trend. Visit the trulia blog for the full report: http://www.truliablog.com/2010/10/08/trulias-rent-vs-buy-index-reveals-top-10-cities-for-renting-owning-homes-2/ www.gillmanins.com

3. Our ANSWER: Consider these FIVE FACTORS: www.gillmanins.com

4. 1. INTEREST RATES Interest rates vary depending on your credit history. If you don’t think it’s in great shape, consider doing a little polishing before applying for a loan. Interest adds up!!! www.gillmanins.com

5. 2. Down Payment & Personal Mortgage Insurance: Most banks require a 20% down payment in order to avoid Personal Mortgage Insurance. PMI can add up to $200 a month to your mortgage payment. Are you able to pay 20% down? www.gillmanins.com

6. 3. Property Taxes: Yes, they’re impossible to ignore! Be sure to pay close attention to taxes for each property before you make an offer. There’s nothing worse than an unexpected visit from the tax man. www.gillmanins.com

7. 4. Homeowners Insurance You home is typically your largest investment and it’s important you protect it! Also, pay attention to whether or not flood insurance is necessary for your property. Ask a Gillman Insurance problem solver to shop around and compare rates for you so that you can “insure” you’re getting the BEST policy for every hard-earned dollar you spend. Visit www.gillmanins.com and request a FREE quote! www.gillmanins.com

8. 5. Home Repairs & Maintenance Maintaining a home can become more costly than you first anticipate. Without a landlord to call when your plumbing fails or a pipe bursts, homeownership can seem less like a great idea! Be sure to invest in a quality health inspector before you make an offer and find an affordable handyman in your area to best avoid unexpected, costly repairs. www.gillmanins.com

9. So… IS IT REALLY cheaper to BUY than RENT? www.gillmanins.com

10. It REALLY depends. Every renter/buyer situation is different and you must consider various factors when making your “to buy or not to buy” decision. Be especially sure to consider (at least) the five factors we’ve mentioned before determining it’s “cheaper to buy.” While it’s a great feeling to own your home and build equity in your living space, it takes a long-term commitment and financial stability. Don’t underestimate the cost because you’ll end up with a BIG problem- something our PROBLEM SOLVERS don’t like to see! www.gillmanins.com

11. “Insuring” you’re covered As problem solvers and insurance specialists, we hate to to see renters/buyers without proper coverage. Don’t put your hard-earned assets on the line and risk a future problem. We can help you: IF YOU RENT: Consider a renters insurance policy. Your landlords homeowners insurance does not cover your personal assets. Thus, your belongings are NOT protected without a renters insurance plan. Get your FREE quote athttp://www.gillmanins.com/personal-insurance/renters-insurance/ IF YOU BUY: Homeowners insurance is A MUST! Our agency will shop (till we drop!) to find you the BEST, CUSTOM homeowners insurance plan at a right YOU can afford! Request a FREE quote at http://www.gillmanins.com/personal-insurance/home-insurance/ www.gillmanins.com

12. Our Goal = SOLVEYour Problems! Wishing you the best with your “TO BUYor NOT TO BUY” decision! Remember, being prepared is key! If you’re in need of insurance coverage, think of Gillman Insurance Group- we will treat your coverage like it’s our own! Sincerely, Your Problem Solvers Gillman Insurance Group www.gillmanins.com