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A lot of clients ask me about the upsides of owning a home. For one, monthly mortgage payments are often far cheaper than monthly rental payments. Plus, when you rent, you're really just throwing your money away every month.
If you owned a home those payments would be going towards paying back the home loan, which is a direct investment in your future. Also, you never know when rental rates will increase, but your mortgage will always be the same monthly amount. Rental rates are increasing in our area, so be prepared to pay more if you have more short-term plans for living here.
When you own a home you can also live as you see fit. You can decorate your home the way you want, have as many pets as you want, and paint the rooms like you want. You do have to accept the responsibility of maintaining a home, but that's just part of being a homeowner.
Personally, I would always recommend buying over renting. This will depend on a few things, but buying a home is almost always the better option if you have the finances for it.
If you have any further questions, please don't hesitate to contact me. I would love to hear from you!
If you have any further questions, please don't hesitate to contact me. I would love to hear from you!