So what do you do in these tough times? Do you rent a home or buy one?
Well in good times, it is always better to buy. Even with the tightened hold on granting credit, it is still a good time to buy, generally.
When is it a good time to rent? If you think you might move within a couple of years, or your rent is extremely cheap. You may also decide to rent, if you went through a recent foreclosure, or if you just don't want the responsibility of home ownership.
If you decide to rent, there are a couple of benefits...You can move fairly easily if you want to. You don't have to pay for maintenance. And you could invest the mney in a better investment than your home.
Whatever you do, spend your money wisely, and live comfortably but not at the expense of using all of your income.
Henderson Properties can help you if you want to buy or rent.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment