Renting Vs. Buying: Which Is Better?
Before you burn that tax refund on shopping sprees, ‘red bottoms,’ or a lavish vacation, now is the best time to consider whether or not you should use those funds towards home ownership, or continue to pay rent in your cozy apartment.
Becoming a home owner is still considered to be part of the “American Dream”. However, just like anything else, there are deﬁnitely pros and cons. It all depends on the individual – your lifestyle, career, family, etc.
Purchasing a home is both the biggest ﬁnancial decision and reward one can make because home ownership builds equity. Think you’re in the market to purchase a home? Here are some pointers that will assist you in making this critical decision.