Saturday, August 22, 2020 / by Sally Scrimgeour
You’ve always been told that owning a home is the ultimate American dream.
Imagine renovating your master bath into a mini spa or choosing your favorite appliances for your dream kitchen. Or just getting to repaint whatever room you want. Plus, there’s the potential for financial gain when you own.
But renting has its own advantages: flexibility, a smaller financial commitment and the chance to try before you buy.
So when do you know it’s time to take the plunge on a purchase? Answer these questions to see which side of the rent vs. buy debate you might land on:
Why do you want to buy? Sure, owning a home might be the great American dream — but is it your dream?
For some, the idea of a home where you can raise a family, be close to schools and build a community is enticing. For others, buying is a great investment. But for many, it’s about freedom: the ability to keep pets, reno; ...