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Buy Now or Rent Longer? 5️⃣Five Questions To 🖐Answer Before Purchasing Your First 🏠Home

  • Writer: Kathy Hyatt
    Kathy Hyatt
  • Apr 20
  • 1 min read

Buy Now or Rent Longer? 5️⃣Five Questions To 🖐Answer Before Purchasing Your First 🏠Home - Is Now a Better Time 👫to Purchase or Rent a Home? That depends.🤔

Despite what you may hear, there is no single right answer. But, do not ⚡🚨panic! Start by asking yourself these 5️⃣Five Questions:

🟩How long do you plan to stay in the home OR use as an investment?

🟩You’ll get the most financial benefit if you remain in place for at least 5 years.

🔻Is it a better value to rent or buy in your specific area?

🔻Look up the price-to-rent ratio, and consider the long-term financial impacts.

🟨Can you afford to own a home right now?

🟨Be sure to consider the costs of maintenance and repairs.

🟣Can you qualify for a mortgage?

🟣Talk to a lender to determine whether your finances are in order.

🔷How would owning a home change your lifestyle?

🔷Do you relish the thought of painting the walls or starting a garden, or do you prefer to have someone else handle upkeep?

Check out Kathy's Latest Blog Post 👇 for more details about how to make the right decision for you! 🔗🔗🔗

  📞☎954-347-0244

 ⭐




Comments


kathy green.jpg

Hi, Thanks For Stopping By!

South Florida Living has its own Vibe—Sunshine, Palm Trees, Beach Days Year-Round, along with that mix of Tropical Energy are just a few reasons why so many people live here.

Let the posts come to you.

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