06/21/2017
Buying versus renting, a decision the majority of us will have to make in our lives at some time or another. Maybe it’s a decision you are making right now.
Everyone from your aunt to your brother to your next-door neighbor seems to have an opinion on what you should do.
However, you are still unsure. What will be the best choice for you now? And what’s best for the future?
As much as you want them to, no one can make the choice for you, it all sits on your shoulders.
So, let us take a little weight off your shoulders, by filling you in on some of the benefits of buying.
When buying, you have the creative freedom to do whatever you want to your home. You can install new cabinets one day, rip out a wall the next or hang up that Gene Simmons’s autographed guitar without worrying about ripping the paint and losing your security deposit.
Speaking of freedom, your fur baby has a special place in your heart, but when you rent, does it have a special place in your home? Buying means the freedom to have as many pets as you want as well as that garden that you never had the ability to plant before.
Buying does have its down sides though. With freedom comes responsibility and a mortgage. That being said, you’re not building any equity sitting around in your rental apartment.
Your aunt, brother and next-door neighbor may have their opinions but the decision is only yours.
So, what’s the final choice going to be?
