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Rent Or Buy? Tips To Help You Make The Right Choice

Tuesday, March 17, 2015   /   by Martin Millner

Rent Or Buy? Tips To Help You Make The Right Choice


One of the toughest choices you can make is if you should rent or purchase a home. Renting of course means you are free from worrying about home repairs, and even in some cases you don’t have to mow your lawn (especially if you live in an apartment or condo). Purchasing a home has its perks as well – you can change the layout of your home, paint the walls, and change out the carpeting at your own leisure.


 


 


How long are you thinking of living in the area? This question applies to many of us – if you are planning on living in the area for more than five years, purchasing a home is more than likely going to be a better option. If you are normally transferred because of job changes, or are considering moving within five years, renting is a better option.


 


 


How much money do you have built up in savings? When purchasing a home, you need a down payment. The higher the down payment you are able to place, the lower your mortgage payment. If you currently don’t really have the money for a down payment, you might want to consider renting for a while until you have some extra money set aside.


 


 


Call me today with any questions you have on finding the right Bucks County home. You can reach me at 215-519-1399 or visit my website for more information.


 

Keller Williams Real Estate - Newtown
Martin Millner
12 Terry Drive, Suite 204
Newtown, PA 18940
215-519-1399
215-519-1399

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“The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.”

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Martin Millner - Coldwell Banker Hearthside Realtors participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. © 2024 BRIGHT, All Rights Reserved Information Deemed Reliable But Not Guaranteed. Data last updated: May 26, 2024 1 PM.
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