Renting VS Owning

Renting VS owning

When it comes to choosing where we live there are a number of options. You can opt for the city, live in the country, or choose somewhere in between. A big decision you’ll have to make is whether to buy or rent. Committing to buying a home is a huge commitment and probably the largest financial decision you’ll ever make.

Why buy instead of rent?

When you rent, the place you occupy is not yours at the end of the day. In the long run, you may find that buying is cheaper than renting. At least with monthly mortgage payments, you’re putting your money into real estate/property you own rather than paying monthly rent to fund something that isn’t yours.
A big reason people chose to rent rather than buy is that it is less of a commitment. On the other hand, buying real estate could be your greatest investment or purchase!

Contact Lucia to start your home-buying search.
(231) 459-6745