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BUY vs RENT


Moving from owner to renter is easier than people tend to believe. Having a home you can call your own is a great personal satisfaction. Here are a few reasons why owning can be convenient for you: 



  • Over the years, homeowners have the opportunity to build equity and receive a return on their investment. 
  • Homeowners can borrow against their equity, or turn it into funds when they sell their property. 
  • Your real estate taxes and the interest on your mortgage are deductible from your income tax.(consult your tax advisor or legal expert) 
  • Being a home-owner also gives you security unlike renting, a homeowner’s fixed-rate principal and interest, payments cannot increase. 
  • Payments on your mortgage loan mean you are acquiring a major possession; instead of rent you own more and more. 
  • Homeowners can also make renovations that reflect their personal styles and possibly raise the value of their homes. 



Homeownership offers special advantages that makes life more enjoyable - backyard barbecues, large family gatherings during  holidays, a home workshop, a chance to enjoy your family’s companionship in the privacy of your own home.

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