Buying Vs Renting
Renting Vs Buying
What suits your lifestyle?
Everyone would love to own their own home but there are many reasons why one should buy and why you rent, each of these being unique to their circumstances. For most people buying a home is a big decision and for most a big commitment, but for others it may be a matter of choosing flexibility and stability.
We all live different lifestyles and for this we have a few points that may help you choose between renting and buying a house.
Renting:
You plan to live in the area for less than two years
You want to remain flexibility and mobility
You are working on repairing your credit history
You are saving for a deposit for your dream home
Buying:
You plan to live in the area for more than 2 years.
You want to build or start your investment equity.
You want to have the feeling of stability
You want the freedom to make changes to your living spaces.