Rent vs. Buying: Which One is Best for You?

The Buyer gets to:

• Build equity in the home - Why? Homeowners convert housing costs into an asset. In turn, the landlord does NOT benefit from you paying rent which creates wealth for them.
• Stable housing costs - fixed mortgage equals better financial planning.  There's no surprises in monthly payments. Rent rises EVERY year.
• Tax advantage - Mortgage interest deductions and property tax benefits. Renters receive NO housing-related tax benefits.

Last, but not least the lifestyle and emotional benefits of homeownership is having a community.  There are opportunities to customize, design, decorate, and renovate the home.  Most importantly, the stability of owning a home supports emotional and financial health.