[E. Pluribus Unum]

The flowchart does not apply to Eric Holder’s people. It is illegal to deny them a loan. It is illegal to foreclose on them. Reparations!

[Catmom]

Don’t get the question about “lived in the area before? “

[greatvikingone]

Banks should be obligated to use this chart with potential mortgage customers.

[ßuddaßudd]

I bought because I could,, and they let me...
I rented a house for 8 years and basically bought the house twice what the house originally built and sold for...

[Bubba_Leroy]

This Flowchart Could Help You Decide Whether To Buy Obamacare or Simply Go Home and Die.

[RandallFlagg]

I have nine years to go on my house. W00T!!

[Alright2BRight]

This chart ignores factors like whether home prices and/or interest rates are going up or down. Historically, buying was better because buyers could participate in appreciation while renters paid ever-increasing rents. Now I wonder whether I’ll be able to break even after improvements and paying real estate agent’s commission.

IMHO - The question about “have you lived in this area before” suggests that you are more likely to want to move away if you answer “yes”; thus, you should rent. Similar to the first question in its logic.

[Focault's Pendulum]

This is much more important!

[Responsibility2nd]

This article bought to you by the National Landlord Association.

“Why buy? Rent instead!”

[Oratam]

kewl

[jacknhoo]

Now how about one for sell vs stay?