Rent or Buy what's right for you.
TRUE or FALSE: Does it make more sense to buy a home than to rent one? While a lot of real estate agents would probably say that, hands down, BUYING makes more sense, we feel like it really depends upon the person and a lot of other factors. “So, we created a booklet to help people objectively come to their own conclusion. If you’re on the fence renting vs. buying, you should download a copy of our booklet. It’s free and there’s no obligation!
TRUE or FALSE: Does it make more sense to buy a home than to rent one?
While a lot of real estate agents would probably say that, hands down, BUYING makes more sense, we feel like it really depends upon the person and a lot of other factors.
“So, we created a booklet to help people objectively come to their own conclusion.
If you’re on the fence renting vs. buying, you should download a copy of our booklet. It’s free and there’s no obligation!
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8. ARE YOU A<br />
BUFFALO?<br />
Here’s a good exercise f<strong>or</strong><br />
<strong>you</strong>…<br />
Ever heard the song “Home on the<br />
Range”? If so, sing it. We’ll wait.<br />
Seriously, do it.<br />
OK, with whom did <strong>you</strong> identify<br />
m<strong>or</strong>e? The person <strong>or</strong> the buffalo?<br />
To put it bluntly, do <strong>you</strong> feel the<br />
need to “roam”? Do <strong>you</strong> want<br />
freedom to move around? Do <strong>you</strong><br />
fear the commitment of being tied<br />
down to a home?<br />
<strong>Buy</strong>ing a home is a commitment, no<br />
doubt. And it’s a serious<br />
commitment that <strong>you</strong> need to be<br />
ready and prepared f<strong>or</strong>. It will tie<br />
<strong>you</strong> down to<br />
some degree...<br />
But so will renting!<br />
Everyone must live somewhere, and<br />
unless <strong>you</strong>’re living f<strong>or</strong> free in<br />
someone else’s house, <strong>you</strong>’ve gotta<br />
pay to live somewhere. You<br />
probably also need to make a<br />
commitment to whomever <strong>you</strong>’re<br />
paying (in the f<strong>or</strong>m of a lease).<br />
When <strong>you</strong> sign a lease, <strong>you</strong>’re<br />
committing to pay someone a<br />
certain amount, each month, f<strong>or</strong> a<br />
period of time. There are penalties<br />
f<strong>or</strong> breaking a lease <strong>or</strong> f<strong>or</strong> not<br />
paying. Of course, a lease is usually<br />
f<strong>or</strong> a sh<strong>or</strong>t, defined period of time.<br />
Owning a house has no specific end<br />
date.<br />
With that said, if <strong>you</strong> own a house,<br />
and <strong>you</strong> want <strong>or</strong> need to move on,<br />
<strong>you</strong> can just sell it…usually within a<br />
few months. And <strong>you</strong> have total say<br />
over whether <strong>you</strong> want to sell.<br />
When <strong>you</strong> rent, <strong>you</strong> can’t just<br />
decide to be done and move on;<br />
<strong>you</strong>r landl<strong>or</strong>d would have a thing <strong>or</strong><br />
two to say about that.<br />
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