Which is Better? Renting or Owning?

house in cartA great place to start: Look at Dollars & Cents comparison;

A monthly rent payment goes into your landlords pocket. After 5 years of paying rent, you don’t have much to show for it.

A monthly mortgage payment goes to your lender and reduces you loan balance. You can also get two things you never see as a renter; home equity and tax benefits.

The question is whether you want to borrow to pay for something or pay to own something.

Let me show you the numbers to help you decide if your ready to buy. Please feel free to contact me with questions and concerns. I am happy to help!