To Rent or Buy?
- Renting vs. Buying
Renting vs. Buying a House
Whether you plan on renting a home or becoming a homeowner yourself, it's important to learn the advantages and disadvantages of each housing option. One option may be better for you depending on your current financial commitments and personal life and family goals. FinancialFit offers a comprehensive look at renting vs. buying a home to help you make the decision that works for you.
Differences Between Buying and Renting a Home
The process of renting or owning a house can be confusing and, at times, frustrating. To make the experience easier, we have an array of helpful lessons and activities that cover the fundamentals of renting vs. buying a property. Along with the basics, we also provide crucial information regarding:
- Maintenance costs
- Property taxes
- Building equity
- Down payments
- Homeowners and renters insurance
Is It Better to Rent or Buy a House?
Deciding between renting a home and buying one outright depends on a variety of factors. Considerations such as budget, the state of the housing market, and long-term life goals all play a part in your decision. A FinancialFit account gives you access to all the information you need to confidently choose the right living situation for you.