Rent vs Own a Home
WHICH IS BETTER FOR ME?
Almost every day we get this question from customers.
For those people living in the US, we always say that it’s better to own a home than to rent, especially in the current housing market. From a financial prospective, the home owner may seem to make a greater payment (mortgage interest, principle, insurances, HOA fees, maintenance etc) but home owners save tons of money by owning a property.
In the below chart prepared by Kurt Heide with American Nationwide Mortgage Company, you will find an example that illustrates how, in the long run, a home owner can save thousands of dollars by owning a property, even if it has been financed:
So if you are tired of throwing your rent dollars out the window and want to purchase your dream home, we can help!
Call, text or email me anytime!
FLORIDA 360 REALTY, LLC
Weston (Fort Lauderdale Area): 2853 Executive Park Drive – Suite 202 – 33331
Delray Beach (Palm Beach Area): 88 NE 5th Avenue - Second Floor – 33483
Phone: (954) 449-2529 E-mail: email@example.com