Rent Vs. Own [INFOGRAPHIC]
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Some Highlights:
- Owning your own home vs. renting may lead to some great options, such as locking in your monthly payments and having the freedom to customize your living space.
- Whether you rent or own, you have to cover someone’s mortgage costs. You may as well be doing so to build your own wealth, rather than that of your landlord.
- Renting and owning both have up-front fees when you sign your lease or close, respectively. Think about putting that money to work for you!
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Owning a home is better than rental homes. Living on rent may restrict you with a lot of things that you may want in your house but an owned house is the place where you are the master. Residential apartments or building a house on a plot both are more beneficial than a rental house. Nice Infographic! It clearly mentions the pros and cons of having a rental or owned house.
planmyproperty.in
Need to learn more about this because I have Advantange to buy a house but scared to buy a house but I shouldn’t be scared because I am renting a house as we speak I have been renting for about 5 or 6 years but I need to find my dream home then I will take that step
Hi Lavinia,
An old mentor of mine once stated… Don’t get it confused, if you’re renting you’re paying a mortgage, just not your own.