renting: Renting vs. Owning
- 04/25/08 12:06 AM
Considering Home Ownership in 2008, but don't know where to turn, give me a call and I can help inform you on the benefits and the process of Home Ownership!
Renting vs. Owning
Although some renters believe that renting is "maintenance free," they are actually paying for maintenance in their rent - whether they need it or not. Renting offers you no equity, no tax benefit, and no protection against regular rent increases. If you're paying rent, you're really just paying someone else's mortgage. Let's compare.*
* Approximate Payment/Cost Comparison based on estimated annual tax results. Based on 2.5 tax bracket and on estimated … (3 comments)
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