July 15, 2022
Should I Rent or Should I Buy? [INFOGRAPHIC]
A Timeless Question
Realtors® are constantly asked this question – is there more value for me to rent (or continue renting) or is there more value for me to buy? In the short-term, renting can seem more economical, but there are many benefits to homeownership that extend past the here and now.
Some Highlights
- It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home.
- When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When you rent, you face rising housing costs, won’t see a return on your investment, and limit your ability to save.
Whether You’re Renting or Buying
Speak with a Realtor® today about your options and get their take on the local real estate market. Find the Realtor that’s right for you by searching in our Realtor Directory. Still interested in renting or ready to buy? Find your home in the NY Metro region by searching over 40,000 listings, updated daily at www.onekeymls.com.
You may be interested in:
Whether you’re looking to lower utility bills, preparing to sell, or simply modernizing your home, here’s how to get started and what to keep in mind along the way.
For those who’ve completed military service or are actively serving our country, the VA Home Loan Guaranty is a great path to achieving the dream of homeownership.
Buying or selling a home is an exciting—but stressful—milestone. For some, the most daunting part is packing and moving. But proper planning and a solid packing strategy can ease the task. These 10 practical tips will help. You’ve got this!
Homeownership has always had its perks when it comes to tax deductions, but the latest tax reform helps homeowners save even more money. Here’s why.
The real estate market constantly shifts, and knowing whether conditions favor buyers or sellers can help you make smarter, more confident decisions. Here’s how to recognize which type of market you’re in and what each means for you:
Did you know? According to a recent study, 72% of people with student loans think their debt will delay their ability to buy a home.
With all the uncertainty in the economy, the stock market has been bouncing around more than usual.
If you have a 3% mortgage rate, you’re probably pretty hesitant to let that go. And even if you’ve toyed with the idea of moving, this nagging thought may be holding you back: “why would I give that up?”
Closing day is an exciting milestone for buyers and sellers alike. To complete the process of a home sale, a property’s ownership rights are formally transferred from the seller to the buyer. Here’s what you should know about deeds and titles:
