Buying a Home Means Avoiding Rising Rents
When You Rent: Your monthly payment generally goes up each time you sign or renew a lease.
When You Buy: With your fixed-rate mortgage, your monthly payment is locked in for the length of your home loan.
Homeowners Own a Tangible & Valuable Asset
When You Rent: You won’t get any return on your investment as you pay your rent monthly.
When You Buy: As home prices rise, and as you pay down your home loan, you build equity.
Owning Your Home Grows Your Wealth Over Time
When You Rent: When the cost of renting goes up, it’s more difficult to save money for a down payment to buy a home.
When You Buy: As you build equity through the years, you give your net worth a big boost.
Sources: Census, CoreLogic, NAR. Disclaimer: The information contained, and the opinions expressed, are not intended to be construed as investment advice. Town & Country Realty does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Town & Country Realty will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.