Buying a Home vs. Renting

Renting or Buying: which is right for you?

When You Rent: At the renewal of your lease, your monthly payment usually goes up.

When You Buy: With a fixed-rate mortgage, you can stabilize your monthly payment.

When You Rent: Rising home prices can make buying a home feel even more out of reach.

When You Buy: The ongoing rise in home values helps you build equity and grow your net worth.

While renting may be cheaper in some areas right now, homeownership offers stability and equity growth over time (as stated above). Want to learn more about the perks of homeownership? Let's talk: 702.423.0777.

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