Rent VS. Buy

By
Mortgage and Lending with NFM Lending , Chad McShane, NMLS #342881 NMLS 342881

There's nothing like owning your own home. Buying a home can be a great investment. One that can offer great returns with moderate risk. Some of the advantages to buying a house include:

Your current situation may make renting more cost efficient for you. For example, if you move frequently. But once you compare the benefits of buying versus renting, it's easy to see the advantage of owning - the biggest of which may be the opportunity to build equity. You build equity by:

 

Comments (1)

Lindsey Hasford
Edina Realty - Elk River, MN
Bringing you home...
Chad - In a society where down payments were rare not so long ago this post is great for reminding the up and coming buying crowd how it will pay off to have one!
Mar 09, 2008 09:32 AM