RENT VS. BUY - Why should you buy, instead of rent?

The market is continuing to raise. Don't miss your chance of home ownership.

Buying real estate is the quickest way to create wealth. A home is an investment.

One of the best reasons why owning a home is great is that at the end of the day, it’s yours to do with what you wish. Sure, you may have to take out a great big loan, but with every monthly mortgage payment you’re getting one step closer to total ownership, and you’re building equity, too. Purchasing a new home is a big step, especially for first–time buyers. Home ownership means you no longer pay monthly rent for the roof over your head. You can do what you want with your house (within reason).

Owning a home is a good way to increase your personal wealth. Little by little, as you pay off the principal on your loan, you build equity. All that monthly rent you’re paying definitely doesn’t accrue equity—in fact, you’ll never see it again.

When you rent, you write your monthly check and that money is gone forever.  And this is what your landlord is silently saying: 






Equity is the difference between the market value of your home and the outstanding balance on your loan, or in simpler terms, the value your house builds over time.

Once your home increased in value and you were making monthly payments, your equity will grown. You can take out a home equity loan or line of credit using your gains for cash to pay for a whole lot of major costs, like medical bills, home improvements, college tuition for your children, or a car.

A home is an investment, by putting your monthly living costs towards something you could eventually pay off and own outright; buying a home can be a great investment for your family’s future. Nothing compares to the personalization and privacy that comes with owning your own home. Finally, you'll enjoy having something that's all yours - a home where your own personal style will tell the world who you are.