How to Calculate Rent Payments vs Mortgage Payments | Barb Schlinker 719-301-3900

Posted on November 9, 2020 (December 30, 2022) by Barb Schlinker

How to Calculate Rent Payments vs Mortgage Payments
Barb Schlinker Radio Show
719-888-3736 | 719-301-3900
Your Home Sold Guaranteed Realty Colorado

What should potential home buyers consider when thinking of renting vs buying? People need a place to live and it’s a very personal decision. In the past year, home values rose over 11% and we have seen those double digit appreciation numbers for about 5 years. So, with the average price of about $430K A Very conservative appreciation in just 1 year is over $30,000 = 7%. If you plan to stay for 1 year it might make sense to buy, here is how I have made the calculation. Bank Rate.com Mortgage Calculator, So if you plan to stay for more than 1 year right now, you would make money? With the rates as low as they are… It’s actually less money to Buy vs. Rent Plus I am told there is a lot of competition for rental homes right now. I’m seeing even smaller townhomes in the best school districts rent for nearly $2000 per month. How do you determine what the Rent Rates are? You can Visit: Rentals.com or there are some Rentals in the MLS at PPAR.com In most cases, I am seeing Single Family Homes rent for between $2200 – $3300 or more right now. The exception might be if you are in the process of building a home or something that is more temporary than 1 year.

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We needed to sell our 3rd story condo so we could buy our ranch style home. The former agent we hired could not sell it and only suggested to lower the price to get it sold. We hired Barb and we are so glad we did. She helped us do some updates that would command the highest sales price and her team sold it quickly at the full asking price.

2949 Mesa Rd #C, - Keith & Lisa Sheldon

When the time comes for me to sell I will be contacting Barb. She personally contacted me with information and the Comps necessary to appeal the out of line assessment of my house. Thank you so much!!!

Philip Guttman

After trying to sell our home previously and unsuccessfully with another agent, we are so delighted we called Barb. Very quickly Barb and her team helped with updated staging and great marketing. Barb was able to get a bidding war on our home in just a few weeks, and it sold for over asking price. The entire transaction was handled smoothly and closed on time. We highly recommend Barb.

19975 Wissler Ranch

Bard did a great job selling our house for over asking price! She was great at providing us with sound advice on pricing our home. She also told we we needed to worry about and what to not stress over.

James Heffron

We have sold 3 homes and working with Barb Schlinker was by far the best experience. We previously tried another agent who failed to get many showings and only provided weak offers that would not work. We are so glad we made the switch. From the very beginning, we could tell Barb's process for selling homes is far superior to any other agent's work. Not only did she help us show our home and attract more buyers than ever before. But it sold quickly for top dollar. We could not have asked for a better real estate experience. We so appreciated Barb's hands-on care and attention to detail that included careful measurements, highlighting the home's best features and a very organized system that resulted in a quick sale with the least amount of hassle. Bradley and Alys

A D

It was so refreshing to have Barb and her team sell my home. I moved before the home went on the market and they took care of everything including the final clean out and carpet cleaning. After receiving multiple offers, it was someone on Barb's Team who brought me the best buyer who bought my home with cash at $35,000 over asking price. The result was a smooth on-time, quick closing.

Laurie Cammack

Barb Schlinker and her great team were very helpful in getting us ready to go on the market and she has amazing marketing that attracts the buyers. She got a huge crowd of buyers to view our home and we were able to select the best buyer for our home. She not only sold our home for $50,000 over asking price the first weekend but she was able to negotiate for us to stay in the home for weeks after closing to accommodate a smooth moving process. We are so thankful we hired Barb Schlinker and her team at Your Home Sold Guaranteed Realty.

Lance & Shirley

We are so glad we hired Barb and her team to sell our home on Borrego Drive. We felt so comfortable we moved out of the state before showing, she had 79 people attend the open house and she sold our home the first weekend for $66,500 over asking price and it closed on time in just 3 weeks!

John and Bobbie

Barb was extremely helpful to my brother-in-law, Ed, when he appealed the county assessor's valuation of his home. We learned of Barb through her very informative radio program on 710 KNUS. Barb did a thorough search of property sales and provided Ed with 3 comparables for use in his appeal. And Barb did this very quickly since the deadline for the appeal was fast approaching.

Martha Fitzpatrick

My experience listing my home for sale with Barb Schlinker has been exceptional from start to finish. Barb and her team are very professional and detail oriented. They did an excellent job staging my home, helping me with packing and removing furniture items I was unable to take to my new Florida home. Barb made sure that all aspects of the selling process went smoothly which gave me peace of mind. I would highly recommend Barb Schlinker to anyone looking to buy or sell their home.

Lori Anderson

With Barb's amazing marketing and negotiating strategies, she was able to get us $26,500 over asking price in just a few days and we set a new high sales price for our neighborhood.Her whole team is great to work with. We highly recommend using the Barb Schlinker team to sell your home! - Mike & Mary

Mary Jones

Barb is very professional, honest and reliable. She has sold two houses for us and exceeded our expectations each time. I have found that I can rely on her completely for all aspects of the paperwork/documents that selling or buying a house entails. Both of our houses sold within days of being listed with Barb. She does an excellent job of marketing and promotion.

Mike Corbett

We have bought and sold approximately 20 properties. No agent has even come close to the quality Barb offers. Her marketing was superb - generating 4 offers; and we had an accepted contract within a week, closing within a month. The icing on the cake though, is Barb herself. She's open, friendly, knowledgeable and most important, accessible ! Barb is worth ever dollar of the commission she will earn!

JoAnn Hodge

Barb was able to help us reduce our property tax valuation by over $221,000! What a savings on property taxes and insurance premiums! She uses a formula that accurately assesses the value of one's home. She was very prompt and very pleasant to work with. We highly recommend her for all real estate needs.

Edie Darrah

Barb is calmly confident and competent. Her knowledge of her craft is very impressive. We have sold two houses using her services, and I can assure anyone wishing to sell their property, they will be impressed and happy with the process and the results if they use Barb as their real estate agent.

Frank Steyaert

Barb exceeded my expectations. She was a Blessing and also I don't think I couldn't have done any better. Thanks Barb and continue doing Steller work for your customers

Joef Fagan

Our townhome was getting too crowded for our family. Barb’s team helped us stage it, suggested some repairs to get the most money from selling. In just 1 week our townhome sold for the highest amount of any townhome in that neighborhood.

4047 Charleston Dr – Victor & Mrs Parades

The whole experience working with Barb Schlinker and her team was extraordinary. From advice to prepare for sale, beautiful staging, support with moving and great communication, Barb is by far the best choice to sell a home in the Colorado Springs area.

Dave & Martha Pitts

Barb went above and beyond to help sell our house. Great communication, very professional & knowledgeable, she has a great team working for her. Incredible service, we give her a 10 out of 10, score. We definitely would recommend her! We have dealt with a lot of realtors and Barb and her team are at the top of the list. Thank you, Barb!!!

1875 Brookdale Dr, CS, CO 80919 - Craig & Nicky M

We heard about Barb on the radio and asked her to help us sell mine and my Mom’s home next door. She helped us prepare our homes for sale so they showed really well. Barb had at least 80 people in at the Open House and both homes sold for way over asking price in just a few days. Her team helped with the entire process and we were able to make our next move as scheduled.

8224 & 8232 Timothy Ct

After hearing about Barb on the radio we had to call. Her team helped us prepare our home for sale and to our surprise we not only had 120 people visit the home in 1 day but we received multiple offers and she sold our Briargate home for $30,000 over our asking price! We had a quick sale and her team handled everything so we could move out of the state early & worry free!" John & Kathy

Kathy Seavey

We are so pleased that we worked with Barb Schlinker to sell our home at 1450 Masters Drive in Woodland Park. Barb and her team go to great lengths to ensure the home is presented to the market in such a way to command top dollar for the home. From the elegant video production, great photos and beautiful pictures, it all went very well. Barb was able to negotiate for us to stay in the home well after closing allowing us to move to our next location at a comfortable pace. Barb Schlinker and Tom Parker were great to work with to get my home sold. They did an excellent job on photos and marketing. I had previously tried with another agent that resulted in no sale. But when I hired Barb and Tom everything went as planned. When it turned out I needed a new roof, they suggested a roofing company that was able to finish the job quickly and minimize my out-of-pocket expenses. I was able to sell my home for top dollar and they helped me prepare for my move. I highly recommend Barb Schlinker and her team to sell your home.

Fritz

I would definitely recommend Barb Schlinker if you are buying or selling your home. As they say, "If you think hiring a professional is expensive, wait till you hire an amateur", would you let some amateur handle your biggest asset? Hire a professional like Barb Schlinker and get quality on all aspects. Great work Barb!

RDave Sanchez

Barb has such great reviews online, I knew she was the right choice for me. She was so helpful and patient helping us get ready on our pace, helping plan our move and best of all she quickly sold the home for $50,000 over asking price in just a few days. Her team took care of all the final details for me, including re-purposing things I did not need so I could easily move to my next home.

Deborah Christian

It was great to work with Barb and her team at Your Home Sold Guaranteed Realty. We received multiple offers, and our home sold swiftly for well over asking price! From the amazing photography and very successful open house, through the smoothly orchestrated closing process, we appreciated Barb's communication, expertise, professionalism and personalized attention to detail. We look forward to working with Barb and her team in the future, and highly recommend Your Home Sold Guaranteed Realty! Diane S

Diane Shaneyfelt

I needed to downsize into a less expensive home. I’m so glad I hired Barb Schlinker and Tom Parker to handle my transition to my new home. They took care of everything for me including coordinating repairs and providing space to store my things during the move. My home sold very quickly and now I am living in a much smaller place that is much more affordable and in a great location.

1536 Smoochers Ln

Barb Schlinker and Wendy are the two best real estate agents I have ever had in buying and selling a home in my life. Their careful attention to detail, professionalism, exactness, timing, listening to my personal needs and wants. They have respected my needs & wishes in every way. I will always will recommend them to my friends and family members. And I will always trust their care with them.

Karen Woods

We are so glad we hired Barb Schlinker to handle the sale of our home. We were on a short time crunch to sell right when the market was slowing down. It was great that Barb’s knowledge of pricing got us the highest price for our home in the shortest amount of time. Barb will not hesitate to resolve issues quickly when they arise. After moving out we discovered the washer and dryer should have been left but was loaded on the truck. Barb took charge of the problem and quickly purchased a used set for us that satisfied the contract and had it installed in 1 day. By her team’s swift action, she ensured a smooth and timely closing. Bill & Sherie

Sherie Shupe

Barb was able to sell our home for over asking price and make sure everything went well. She provides so many extra services like cleaning and handling little repairs to ensure we got the home sold. She even covered the expenses in advance for a small area of fresh carpet to ensure the buyers would be delighted to pay full price for the home. All the way through the process we received support from Barbs team from making sure the home was ready for showings as well as communicating issues that came up. In the end, Barb was able to get us over $5000 more than expected and we are delighted it is sold and completed.

Larry & Kathy

It was refreshing to work with Barb and her team at Your Home Sold Guaranteed. She sold our home for $17000 over asking price in a short time and everything went smoothly. We loved how she took the time to measure the home to make sure it was marketed at the right size and the photos were amazing. Barb was able to get a huge crowd at the open house which got us several great offers to choose from. Then she handled the sales process every step of the way for us and make it simple and easy. We highly recommend Barb and her team.

Alan and Diane

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