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Category: Rent vs. Buy

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Should You Rent Out or Sell Your House?

Written by The Villages FL Mortgage Syndicated User on . Posted in For Sellers, Rent vs. Buy, Selling Tips, The Villages FL, The Villages FL Mortgage.

Figuring out what to do with your house when you’re ready to move can be a big decision. Should you sell it and use the money for your next adventure, or keep it as a rental to build long-term wealth?It’s a question many homeowners face, and the answer isn’t always straightforward. Whether you’re curious about the potential income from renting or worried about the responsibilities of being a landlord, there’s a lot to consider.Let’s walk through some key questions to ask to help you make the best decision for your situation.Is Your House a Good Fit for Renting?Even if...

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Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

Written by The Villages FL Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy, The Villages FL, The Villages FL Mortgage.

Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options. Content previously posted on Keeping Current Matters

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The Difference Between Renting and Owning [INFOGRAPHIC]

Written by The Villages FL Mortgage Syndicated User on . Posted in First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Rent vs. Buy, The Villages FL, The Villages FL Mortgage.

Some Highlights If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home. As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan. If you’re weighing your options, remember that owning a home is a decision that has considerable financial perks. If you want to learn more, let’s connect to talk about the perks of homeownership. Content previously posted on Keeping Current Matters

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Owning Is More Affordable than Renting in the Majority of the Country

Written by The Villages FL Mortgage Syndicated User on . Posted in Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy, The Villages FL, The Villages FL Mortgage.

If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 Rental Affordability Report says: “. . . Owning a median-priced home is more affordable than the average rent on a three-bedroom property in 666, or 58 percent, of the 1,154 U.S. counties analyzed for the report. That means major home ownership expenses consume a smaller portion...

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