Sugar Blossom

Are you ready to make the home-buying commitment?

There are lots of pros and cons revolving around buying a home versus renting one. The old advice that home buying always pays off is no longer automatic in all parts of the country and for some people.

Rent or Buy?

You should rent:

• If you don’t want the bother of home maintenance and repair
• If rental rates in your area are low (compared to home prices)
• If you plan on moving around a lot because of job or other commitments

You should buy:

• If you want to take advantage of (recently very high) equity appreciation
• If you want the interest and tax write-off from a home
• If you want added security and privacy

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