When deciding to rent vs. buy a home its important to look at both sides of the equation.
|no maintenance||ability to remodel/renovate/personalize|
|no property tax||no payment hikes|
|no long term commitment||build equity|
|smaller up front costs||freedom to keep pets|
|more available funds for investing||possible tax benefits|
|little ability to remodel/renovate/personalize||responsible for maintenance|
|rental increases||tax on property|
|no equity||cost to sell|
|pets may be restricted||larger up front costs|
|no tax benefits||less access to money|
If home ownership is in your future please contact me for your no obligation consultation.