Rent vs. Buy

Rents are higher now than ever before, and are continuing to climb. To a family who is renting, this is not news. However, as rental costs continue to increase, buying a home is smarter than ever. Today, investing your money in a home not only reduces your monthly costs, but promises a more secure future for you and your family.  

Although many apartment dwellers would like to become homeowners, many feel they either cannot afford it or do not want to give up the maintenance-free lifestyle with which they have become accustomed.  

However, if the many benefits of home ownership, such as building equity in an investment, deducting interest from income taxes and decorating a property according to individual tastes appeals to you, Teresa can be of service.

The benefits of buying a home are numerous. Some reasons include: affordable prices, equity build-up, which can be used as future collateral, tax shelter pay-off of mortgages with inflated dollars, and fixed mortgage payments. 

If you compare the actual monthly cost of buying a home to the amount you are currently paying in monthly rent, you will find now is the time to buy.

Click on graphic "Why rent when you can buy?" to download the informative brochure on renting verses buying a home.

Rent vs. Buy Calculator by MortgageLoan.com
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