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Need Help Deciding If You Should Continue Renting or Buying A Home?
Rent Versus Buy Survey Highlights
What the Experts Are Saying About Buying Versus. Renting
"First ask yourself why you want to buy a home instead of continuing to rent. Then do research to determine if purchasing a home in your desired market makes sense with regard to home prices and local rents. Weigh all the costs, including taxes, insurance, and maintenance, and determine what you can afford in the way of a mortgage long before beginning your home search. It's a major decision that requires careful consideration. Preparation is key to landing your dream home!"Colin Robertson
"Renting vs buying shouldn't be a spreadsheet decision. One shouldn't simply compare the current cost of renting vs cost of buying. Owning a home is as much an emotional decision as a financial one if not more. The emotional benefits of owning a home should be factored in while making the decision and not just the future appreciation of the home and tax benefits of ownership."Shashank Shekhar
"Deciding to buy or rent a home is a personal decision that has a lot to do with lifestyle choices, but it also has a long-lasting effect on personal finances. In general, homeowners grow their wealth by using their monthly housing payment to buy real estate in addition to paying for a place to live every month. As a result, homeowners' net worth is traditionally higher than renters."Mary Catchur
President of Marimark Mortgage, LLC