Friday, July 15, 2022

Should You Rent Or Buy A Home?

In this Friday's infographic we have a great one for reasons that you should purchase a home. Homeownership is still the American Dream. Probably the biggest reason why you shouldn't buy a home is because your job requires you to move around a lot. Owning a home does make it harder to move. However, if your job is stable and keeps you in one place, then homeownership may make perfect sense for you.

There are costs involved in owning your own home, but in the long run you do make gains in home equity helping to build wealth.

Some Highlights

  • It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home.
  • When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When you rent, you face rising housing costs, won’t see a return on your investment, and limit your ability to save.
  • If you want to learn more about the benefits of homeownership, let’s connect today.

Should You Rent Or Buy A Home? was first published to Complete Realty Team. Discover more at: https://www.CompleteRealtyTeam.com/

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