The Advantages of Buying Versus Renting
July 15, 2017The Advantages of Buying Versus Renting Deciding to buy a home is a highly personal choice that involves weighing numerous financial factors and individual preferences. While renting may be easier on your budget and provide more flexibility to relocate for new work opportunities, there are a number of strong reasons to purchase a home, including: FINANCIAL FACTORS: BUILD EQUITY: For most mortgages, monthly payments include both principal and interest, with principal representing your actual ownership of the home. Over time, the principal portion of each monthly payment increases, helping ho [...]
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