Is it Better to Buy or Rent?

Buy or Rent?The question can be difficult to answer, but it can be broken down into simpler questions to guide you through the decision making process.

–How long do you intend to stay in your next home? Renting is better than buying if you anticipate moving in a short period of time.
–Do you plan on keeping your current job? If not, can you reasonably expect to find another job in the same area?

The purchase of a home involves a number of one-time fees and expenses. If you end up staying in the home for less than five years, it will be difficult to justify the expenses associated with a home purchase. On top of taking a financial hit on closing costs, you get the added burden of selling your home and another batch of expenses from the sale.

At Gay Realty Watch, we look for news to share with you about the gay real estate market – both lgbt real estate news and news specific to gay and lesbian real estate meccas.

See the Full Story at Echelon Magazine

Click here for gay realtors, mortgage lenders, and other real estate professionals.

If you have a gay real estate story that you’d like to share with us, contact us at info@2016.gayrealtynetwork.com

Leave a Reply

Your email address will not be published. Required fields are marked *