COMPARING RENTING VS BUYING: WEIGHING THE PROS AND CONS
Posted by Kent Braaten on
Comparing Renting vs Buying: Weighing the Pros and Cons
Deciding between renting a home and buying a home is an important decision that can have long-term implications. There are advantages and disadvantages to each option, so it's best to weigh these carefully before making your choice.
When it comes to renting a home, there are several significant benefits. For one, renters don't need to put up money for a down payment or shoulder the burden of a mortgage. Renters also enjoy more flexibility in terms of moving if their job or another circumstance changes. On the other hand, renters may pay more in total costs over the course of their rental agreement than they would if they bought the same property. They likewise won't build any equity from…
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