I
t's a big question with no easy answer:
Should you keep renting, or is it time to
think about buying a home?
One of the major benefits of being a
homeowner is building equity with each
mortgage payment, instead of putting
money into your landlord's pocket.
But that doesn't mean buying is always the
best choice—as a renter, you enjoy more
flexibility and avoid many of the costs
Should You
Buy a Home or
Keep Renting?
How To Decide in 7 Steps
that come with homeownership. This is
an extremely personal decision and much
will depend on your long and short term
goals. For those that want the flexibility to
move quickly, have no desire to maintain a
property, or need to save up money before
making a purchase, renting is worthy of
strong consideration.
But there's more to consider in your rent
verses buy quandary.
