BUYING VERSUS RENTING
Buying a home:
A homeowner can benefit from the following:
Equity in a home
Control- a Homeowner can add, remodel, or landscape their home when they choose
Commitment- There is pride of homeownership
Stability-No notice to move so the family feels more stable and secure
Community-It is proven that people who own a home are more involved with their community than people who rent.
Money is going no where except to the landlord.
No control of remodeling or landscape
No tax advantages
Rent may go up from year to year