Rent or Buy?

If you’ve never considered how much you pay in rent over an extended period of time, perhaps you should, becaus it is probably a lot more than you realize. The amount you spend for rent each month, could be applied to a mortgage. And what happens to your rent money? poof, it’s gone! There’s no interest, no equity, no return.

RENT

  • No interest-payment deductions

  • Rental amount may increase at any time

  • You’ll need your landlord approval for changes

  • No capitalization

  • Rental is temporary and often subject to a 30 day notice

BUY

  • Mortgage interest may be tax deductable

  • Decorate and make changes, without prior landlord approval

  • The value of your property may increase in time

  • Your house will become a home, not a temporaray living situation!

So, now that you decided to stop spending money on rent and buy (ha!) either your first house or 2nd, give me a call so I can help you find your dream home!

Daniela Amparano (Dany)

real estateDaniela Amparanoreal estate agent, real estate transaction, real estate