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Deciding to buy or rent........
Buying a home is a rewarding experience. You derive a great deal of personal satisfaction from owning a home.
Homeownership allows you to build up your personal net worth over time. Moreover, continued increases in housing
prices nationwide makes homeownership a relatively attractive investment.
In some cases, renting may be a more attractive option. For example, if you plan to move in a year or two, you are unlikely
to recover the closing costs you pay when you buy a home. In addition, finding a home to buy generally takes more time
than looking for an apartment to rent.
The following calculator can help you to calculate the trade-off in buying and renting a home:
Buying a home is a rewarding experience. You derive a great deal of personal satisfaction from owning a home.
Homeownership allows you to build up your personal net worth over time. Moreover, continued increases in housing
prices nationwide makes homeownership a relatively attractive investment.
In some cases, renting may be a more attractive option. For example, if you plan to move in a year or two, you are unlikely
to recover the closing costs you pay when you buy a home. In addition, finding a home to buy generally takes more time
than looking for an apartment to rent.
The following calculator can help you to calculate the trade-off in buying and renting a home:
Mortgage Info
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