The Great Rent vs Buy Debate
Posted by Chris Proctor on
As a realtor, one of the most common questions I receive is whether or not people should rent or buy their home. While you can guess in which direction I lean (buy!) I would never want to push someone into a direction that wouldn't be right for them. A client of mine may be more inclined to pick one over the other depending on what their goals are and what their financial situation currently is or will be. In order to help you make the best decision possible when it comes to buying or renting your next home, I've outlined some benefits and some drawbacks that come with each option!
Pros of Renting:
1. Renting can sometimes cost a fraction of home owning costs, especially when you consider costs like maintenence fees. Most banks agree that first-time…
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