People trying to figure out whether they are ready to take the plunge and move from renting to owning – well, those who live in the US, anyway – might benefit from taking a squiz at a new online property site called HotPads.com.
VentureBeat reports that HotPads.com is a service that allows you to find and compare the cost of renting or buying a home or apartment in your preferred city, part of town, or even just street.
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You simply pick the area you want and the amount of money you can afford and HotPads comes up with a map displaying available properties, with homes for sale highlighted in red and those for rent in yellow.
You can also play around with different payment options for a home purchase, such as size of down-payment, length of mortgage and interest rate. As you click on each property on the map, a bubble pops up showing pricing details.