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Here is a great chart that shows some of the advantages and considerations that come with buying or renting your next home.

 

Buy vs. Rent Comparison Chart

Advantages Considerations
Buy Property builds equity Responsible for maintenance
Sense of community, stability, and security Responsible for property taxes
Free to change decor and landscaping Possibility of foreclosure and loss of equity
Not dependent on landlord to maintain property Less mobility than renting
Rent Little or no responsibility for maintenance No tax benefits
Easier to move No equity is built up
No control over rent increases
Possibility of eviction
HUD Web Site

If you would like to speak with a REALTOR contact Hunter Webb at HunterWebb@verizon.net or call at 469-951-2299

You can also speak to a REALTOR online by going to our Ask A REALTOR page

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About hunterwebb

I am a 26 year old real estate agent in The Dallas Fort Worth Metroplex. In my downtime I enjoy watching sports, reading a goodbook, and grilling up a good meal.

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