Owning VS. Renting

Owning vs. Renting
Advantages of Homeownership

• EQUITY - You can't build equity in an apartment or rental property. ~ In your own home you CAN.

• TAX DEDUCTION - Your rent payment is not tax deductible. ~ The interest portion of your mortgage payment could be tax deductible.* *Consult your tax advisor.

• PRIVACY - Your apartment, shares the walls, ceiling and/or floor. ~ In a single family home, you have privacy.

• FIXED PAYMENT - Your rent almost always increases when your lease is renewed. ~ With a fixed-rate mortgage, the principal & interest payments never go up.

• PRIDE - An apartment can feel only like a place to stay. ~ Owning your own home gives you pride of ownership.

Equal Housing Lender BluFi Lending Licensed by the California Department of Corporations CFLL #603H302. CORP NMLS #279622 Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend.