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Buying Vs Renting

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Buying Vs Renting

Category General

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.

Author Property Nerds
Published 06 May 2021 / Views -

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