“BUYING VS RENTING”
Is it better to buy or rent? Whether renting is better than buying depends on many factors and it is a decision with many moving parts. Not every person is in the same financial situation. For starters, purchasing a home has a significant one-time costs upfront , such as the down payment , property taxes, home insurance, private mortgage insurance ( if applicable) , and closing costs, all which can be a lot for many people to take on all at once. However, those costs are recouped and potentially more is made when the home is sold. For many, renting often comes out ahead as far as affordability is concerned with lower upfront costs. Renting also gives people the freedom to move frequently.
There are advantages to owning your own home as well as renting a place to live. It all depends on your circumstances whether you are homeowner considering if renting now might make more sense, or you are a renter getting ready to buy a new home. We can help you with this monumental decision by evaluating the pros and cons of each. Start your future today by calling our office. Family owned and operated for over 55 years. ” OUR SUCCESS HAS BEEN BUILT ONE SATISFIED CUSTOMER AT A TIME.”
