In this video you’ll learn the pros and cons of buying a home versus renting a home.
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Comparing renting to buying isn’t really an apples to apples comparison.
Renting does have the advantage of leaving you free of the maintenance and overhead costs of owning or buying a home.
However, that has a price.
You aren’t building any equity. You don’t get the tax benefits. Plus, owning a home means you control the rent so to speak. You won’t be subject to arbitrary rent increases.
Buying your own home has it’s advantages. Each time you make a payment, you eventually will be building equity that increases your net worth.
You also get some tax breaks. Those savings can be used to offset insurance, real estate taxes, and upkeep.
The freedom, stability, and security, that comes with buying your own home makes it all worth it.
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Your Bass Lake Realty team